The Traderszone Network

Published in TZ Latest News 15 May, 2015 by The TZ Newswire Staff

Hedge fund activists buy McDonald’s, but are they lovin’ it?

Jana, run by Barry Rosenstein and known as a practitioner of activist investing, took a new 125,000 share stake in McDonald’s after having sold a small position in the fourth quarter. Keith Meister’s Corvex Management LP also took a new position in the company, buying 205,000 shares. Larry Robbins’ Glenview Capital Management added a new position in McDonald’s, buying 2.9 million shares during the first quarter.