Activist firm Jana finds support among Lamb Weston shareholders wanting board change
From Yahoo Finance: 2025-06-03 07:05:00
Activist investor Jana Partners is rallying support for a boardroom battle at Lamb Weston as a survey reveals half of the top 50 shareholders want the entire board ousted. Jana, owning 7% of the company, seeks operational changes and a potential sale. The hedge fund has until June to nominate directors. Shareholder confidence is low, with majority seeking a board overhaul. Jana’s past actions show a history of successful shareholder interventions.
Read more at Yahoo Finance: Activist firm Jana finds support among Lamb Weston shareholders wanting board change