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Jana Partners Ekes Out November Gain Despite Some Notable Losses

Barry Rosenstein's activist-focused firm suffered setbacks in some of its largest positions, but those were offset by gains in others.

After a rocky start to the month, Barry Rosenstein's Jana Partners, the activist and event-driven hedge fund managed by the New York–based investment firm of the same name, gained a modest 1 percent in November, bringing its gain for the first 11 months of the year to 16.6 percent. Jana, which

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