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Jana Partners Turns the Heat on Ashland

The hedge fund firm is likely to push for the specialty chemicals company to pare low margin units.

It looks like Jana Partners’ Barry Rosenstein has already gotten over his defeat at Canadian fertilizer company Agrium and moved on to his next target. The activist hedge fund manager, who cried foul when Agrium announced April 9 that all 12 of the company’s incumbent nominees for its board were elected

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