Jana Partners, an activist hedge fund, is building a stake in Whole Foods, according to a report by Dow Jones, which was tweeted by CNBC.
The CNBC tweet said that the fund has built a 9% stake in the grocery chain and that the firm wants Whole Foods to consider a possible sale.
We have reached out to Jana Partners and will update if we receive a response.
More to come...
BREAKING: Jana Partners builds 9% stake in Whole Foods, wants to speed up company turnaround & consider possible sale - DJ$WFM up 5%
- CNBC Now (@CNBCnow) April 10, 2017