JANA Partners filed an activist stake in Outerwall Inc (NASDAQ:OUTR) last Friday. The hedge fund, which has been very busy in the past weeks, has now disclosed a 13.5 percent position in the company that provides automated retail solutions. Outerwall Inc (NASDAQ:OUTR), formerly Coinstar, is well-remembered as the stock that Jim Chanos was shorting in 2012.
Barry Rosenstein doing well in hedge funds
JANA Partners put everything on the table in the 13D filing, saying that the fund could look at any options to increase shareholder value, including spinning off parts of business, selling out the whole company and plans to give back more return to shareholders. JANA...
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