{"id":28802,"date":"2012-05-01T07:38:41","date_gmt":"2012-05-01T11:38:41","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=28802"},"modified":"2012-05-01T07:40:06","modified_gmt":"2012-05-01T11:40:06","slug":"jana-fund-sees-52-gain-in-value-of-barnes-noble-stake","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2012\/jana-fund-sees-52-gain-in-value-of-barnes-noble-stake.html","title":{"rendered":"Jana Fund Sees 52% Gain in Value of Barnes &#038; Noble Stake"},"content":{"rendered":"<p>Bloomberg &#8211; Jana Partners LLC, Barry Rosenstein\u2019s hedge fund that\u2019s known for pushing for change in the companies it invests in, saw the value of its stake in Barnes &amp; Noble Inc. surge 52 percent today after Microsoft Corp. said it will invest $300 million in a new unit with the bookseller.<\/p>\n<p>The bookstore chain rose to $20.75 today in New York trading. Jana Partners said it owned 6.9 million shares in New York-based Barnes &amp; Noble as of April 11, according to a regulatory filing. Today\u2019s increase represents a gain of $49.2 million for the firm from the closing price on April 27.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2012-04-30\/jana-partners-may-have-made-71-million-on-barnes-and-noble-stake\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Jana Partners LLC, Barry Rosenstein\u2019s hedge fund that\u2019s known for pushing for change in the companies it invests in, saw the value of its stake in Barnes &amp; Noble Inc. surge 52 percent today after Microsoft Corp. said [&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-28802","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28802","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=28802"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28802\/revisions"}],"predecessor-version":[{"id":28804,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28802\/revisions\/28804"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=28802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=28802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=28802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}