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Safeway Puts Up Defense After Hedge Fund Amasses Stake

dealbook.nytimes.com

The grocer Safeway has gone on the defense days after the activist hedge fund Jana Partners declared a 6.2 percent stake in the company.  Safeway, based in Pleasanton, Calif., said on Tuesday that it had put into place a poison pill plan to prevent investors from acquiring more than 10 percent of the company...

Mentions: Investors Hedge Fund Poison Pill