New York-based hedge fund Jana Partners LLC has acquired 842,268 shares of McDonald's Corporation (NYSE:MCD), with an additional call option for 200,000 shares, as per an SEC filing Friday. As per Friday's closing price, the fund's ownership stake in the fast-food chain stands at 0.9%, worth roughly $81 million.
Jana Partners Discloses Stake In McDonald's Corporation (MCD); Should You Buy Too?
Bidness etc. - 17 Nov 2014 23:27
New York-based hedge fund Jana Partners LLC has acquired 842,268 shares of McDonald's Corporation (NYSE:MCD), with an additional call option for 200,000 shares, as per an SEC filing Friday. As per Friday's closing price, the fund's ownership stake in the fast-food chain stands at 0.9%, worth roughly $81 million.
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