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Friday, August 30, 2019

Long trade : Bloomin' Brands (BLMN) +12% (8/19)

  • Aug. 22:  #1, 5, 6, 97; vol. 1.6M


 








Bloomin' Brands: JANA Partners discloses 9% active stake
The Reporting Person acquired the Shares because it believes the Shares are undervalued and represent an attractive investment opportunity. The Reporting Person intends to have discussions with the Issuer's board of directors and management regarding a sale of the Issuer, divestitures, capital allocation, operations and board composition. The Reporting Person expects to have discussions with the Issuer's management and board of directors, shareholders and other interested.

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