Activist investor Jana Partners LLC cashed out of its position in Whole Foods Market Inc, a regulatory filing showed on July 19, after the upscale grocer agreed to be acquired by Amazon.com Inc in a US$13.7bil (RM58.78bil) deal last month.
Jana, which was Whole Foods' second-largest shareholder with an 8.2% stake, made a profit of over US$300mil (RM1.29bil) on the sale, according to Reuters calculations.
