Activist Hedge Fund JANA Partners Takes 8.1% Stake in HD Supply

(FinAlternatives) Barry Rosenstein’s activist hedge fund JANA Partners has disclosed an 8.1% stake in industrial distributor HD Supply, noting in a regulatory filing that it believes the company to be undervalued and discussions have been held with members of the company’s management team about “strategic alternatives and financial and operational means of maximizing value for shareholders.”

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