Home › UPDATE 1-Jana Partners takes stake in ConAgra, ready to nominate directors
 

Keywords :   


UPDATE 1-Jana Partners takes stake in ConAgra, ready to nominate directors

2015-06-19 07:52:54| Agriculture - Topix.net

Activist hedge fund Jana Partners LLC took a stake in ConAgra Foods Inc and said it was prepared to nominate directors to the company's board to help address "persistent underperformance" since the acquisition of RalCorp in 2013. Jana Partners, whose 7.2 percent stake makes it the second-largest shareholder in the Slim Jim Beef Jerky maker, said the company's shares were undervalued.

Tags: update ready takes partners

Category:Agriculture and Forestry

Latest from this category

All news
24.11Ag secretary nominee has long history with Trump
22.11Trump expected to tab Kelly Loeffler for Secretary of Agriculture
22.11Hay supply is likely up, but winter feed costs still matter
22.11Future plans for US SHIP and USDA's role explored
22.11Strategy for increasing feed efficiency for cows
22.11Top 3 myths of cattle marketing
22.11Carcass management workshop gets pork producers FAD prepared
22.11Are we close to eliminating Mycoplasma hyopneumoniae from the U.S. swine herd?
Agriculture and Forestry »
24.11Eastern North Pacific Tropical Weather Outlook
24.11Atlantic Tropical Weather Outlook
24.11
24.11sobbat DB4R
24.11RC10
24.11 Knicks
24.11 W6S-JP001
24.11SALOMON XLT 150
More »