1. Activist Investor Jana Takes $134 Million Jack in the Box Stake

    Activist Investor Jana Takes $134 Million Jack in the Box Stake

    Jack in the Box stock popped over 3 percent after a filing from Jana Partners on Tuesday revealed the firm bought 1.3 million shares in the quick-service restaurant chain. Jana's stake in Jack in the Box was worth $134 million as of the end of September, according to the SEC filing. The firm is an activist hedge fund that earlier this year took a big stake in Whole Foods and pushed it to consider a sale...

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