Reuters – U.S. drugstore chain operator Walgreen Co. said it had appointed Barry Rosenstein of hedge fund Jana Partners to its board as the company moves to complete its takeover of drugstore chain Alliance Boots.
Rosenstein, Jana’s founder and managing partner, will join Walgreen’s board immediately and Jana will place a second director who will be mutually agreed by the company and the hedge fund, Walgreen said, without giving any specific reasons for the appointments.
