Activist Stocks: Qualcomm, YuMe, Biglari Holdings, Staples

Activist confidantes, as usual, lite Monday. Below is what we scrounged together for April 13. Send tips to @activiststocks, sign up for our daily newsletter, and ICYMI the latest newsletter is here.

News:

Jana Partners is taking on Qualcomm. Not much of a surprise here, as Qualcomm has been begging for an activist. Jana owns 1.8% of the company and is pushing it to break up. The plan is to split its chip making and IP businesses. Not everyone was asleep at the wheel…“Now that it’s apparent the best growth years are behind Qualcomm, it’s time of an activist investor to step in and push for more shareholder returns.” h/t @stockpucker from Why Yum! needs an...