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JANA Partners Rebounds Sharply in April

Most of the activist hedge fund’s largest long bets proved profitable last month.

  • By Stephen Taub

      Barry Rosenstein, JANA Partners (Andrew Harrer/Bloomberg) Barry Rosenstein’s JANA Partners posted a strong gain in April, pushing the activist hedge fund nearly into the black for the year. Last month, the firm’s flagship fund gained 2.1 percent, cutting its loss for the year to just 0.3 percent. Meanwhile, JANA Nirvana surged

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