{"id":23831,"date":"2011-08-02T08:21:51","date_gmt":"2011-08-02T12:21:51","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=23831"},"modified":"2011-08-02T08:21:51","modified_gmt":"2011-08-02T12:21:51","slug":"jana-ontario-teachers-buy-stake-in-mcgraw-hill","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2011\/jana-ontario-teachers-buy-stake-in-mcgraw-hill.html","title":{"rendered":"Jana, Ontario teachers buy stake in McGraw-Hill"},"content":{"rendered":"<p>BusinessWeek &#8211; Activist hedge fund Jana Partners said Monday that it has teamed up with the Ontario Teachers Pension Plan Board to buy a 5.2 percent, $531 million stake in textbook publisher McGraw-Hill Cos., saying the shares were undervalued and that it may take steps to boost shareholder value.<\/p>\n<p>Shares of McGraw-Hill jumped $2.34, or 5.7 percent, to $43.50 in after-hours trading on the news.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/ap\/financialnews\/D9ORIGSO0.htm\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BusinessWeek &#8211; Activist hedge fund Jana Partners said Monday that it has teamed up with the Ontario Teachers Pension Plan Board to buy a 5.2 percent, $531 million stake in textbook publisher McGraw-Hill Cos., saying the shares were undervalued and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-23831","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=23831"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23831\/revisions"}],"predecessor-version":[{"id":23832,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23831\/revisions\/23832"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=23831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=23831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=23831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}