This Company Is Jana’s Next Activist Target

The firm headed by Barry Rosenstein took a sizable position in hospital company Encompass Health.

Barry Rosenstein (Andrew Harrer/Bloomberg)

Barry Rosenstein

(Andrew Harrer/Bloomberg)

Jana Partners has possibly signaled its next activist target.

The alternative investment firm headed by Barry Rosenstein disclosed in its third quarter 13F filing that it bought more than 1.7 million shares of Encompass Health, an acute health care company based in Birmingham, Alabama.

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