Jana Partners Increases EBay, Adds McDonald’s in Third Quarter

New York-based Jana, which is known for taking stakes in companies and then urging management to make changes to boost the stock price, bought 12 million shares of San Jose, California-based EBay, bringing the value of its position in the company to $739.8 million as of Sept. 30, according to a filing with the U.S. Securities and Exchange Commission.

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