Jana Partners, a $6 billion hedge fund headed by Barry Rosenstein, has accumulated a 6.2 percent stake in grocery giant Safeway at an aggregate purchase price of nearly $320 million. Latham & Watkins is advising the supermarket chain on its adoption of a shareholder rights plan, or "poison pill," to ward off the activist investor.
Latham Leads for Safeway as Hedge Fund Snags Stake
The Am Law Daily
September 18, 2013