Activist hedge fund Jana Partners boosts its stake in Agrium (AGU -2.6%) to 7.5%, and several...


Activist hedge fund Jana Partners boosts its stake in Agrium (AGU -2.6%) to 7.5%, and several Jana nominees to AGU's board also have bought shares. Jana, AGU’s biggest shareholder, now owns 11.2M shares, according to an SEC filing, an increase from its 6.6% stake when settlement talks over the changes it wants at the fertilizer company ended earlier this month.
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  • smsherbs
    , contributor
    Comments (4) | Send Message
     
    I am a long time shareholder of Agrium & am very happy with its performance. Jana in my opinion is simply a company raider and destroyer. It is time for them to behave like any other shareholder with reason and benefit to all. Breaking up the company is NOT the answer. Its time they took their marbles and went home
    22 Feb 2013, 03:21 AM Reply Like
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