Rosenstein’s and his Jana Partners are activist shareholders, employing heavy-duty research to help him spot special situations in the public-securities realm. Then he unleashes hell, most famous being Rosenstein letter from last year, filed with the SEC and attacking the Houston Exploration Company, included the following scathing conclusion: “In sum, this board appears to have a perverse desire to destroy shareholder value.”
Friday, October 31, 2008
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