Amazon

Activist Hedge Fund JANA to Make a Bundle on Whole Foods Sale

June 26, 2017 James Heinsman In the News

Last Friday the giant online marketplace Amazon announced it was buying Whole Foods Market for $13.7 billion in cash. The price per share of the sale is $42, around 27% more than its Thursday evening closing price of $33.06 Barry Rosenstein announced last April that his activist hedge fund, JANA Partners, had a 9% stake […]

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Amazon, Barry Rosenstein, Jana Partners, John Mackey, Whole Foods Market,

Bad Bets of 2014

December 29, 2014 James Heinsman In the News

With only a few days left of 2014 we thought now is a good time to look back and see what predictions did not work out quite so well for some major hedge fund managers. General Motors is a well-liked holding which is popular as a component of hedge funds. Unfortunately it seems for many […]

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Amazon, Bill Ackman Pershing Square, General Motors, Hedge Funds, Herbalife,

Hedge Fund May Support Purchase of Barnes & Noble

December 7, 2010 Debbie Jacobs Hedge Fund News

The New York Times Dealbook has reported that William A. Ackman, of the hedge fund Pershing Square Capital Management, has offered to put up $960 million in financing for Borders to buy its larger rival, Barnes & Noble. The hedge fund owns 37.3% of Borders Group, making it the bookseller’s largest shareholder. Barnes & Noble […]

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Amazon, Barnes & Noble, Pershing Square Capital Management, Wal-Mart, William A. Ackman,