Also published in Tampa Bay, Florida news:
Centerplate Removes CEO after Dog-Kicking Scandal
x hide permanently

Activist Investor Takes 9 Percent Stake in Outback Steakhouse Owner, Bloomin’ Brands

Tampa Bay, Florida news

TAMPA — The same activist investor who pushed the owners of Outback Steakhouse to explore a sale have purchased another large share of the restaurant company. Jana Partners, LLC, a New York hedge fund, now holds about a 9 percent stake in Bloomin’ Brands. The hedge fund purchased $127.7 million worth of shares between July 9 and Aug. 30, according to a filing with the Securities and Exchange Commission made on Friday...

Mentions: Activist Investors Investors Hedge Fund