I would think this is Jana's move and CalSTRS is just a pawn. Rosenstein is scra... | Hacker News

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SamPutnam on Jan 8, 2018 | parent | context | favorite | on: Apple shareholders push for study of phone addicti...

I would think this is Jana's move and CalSTRS is just a pawn. Rosenstein is scrappy and happy to stir the pot to invoke a stock price spike (see PetSmart sale and Whole Foods).

IBM on Jan 8, 2018 [–]

Jana is raising a fund for activist socially responsible investing, so that's clearly their motivation [1]. CalSTRS is $1.3B of the combined $2B so I doubt they're "just a pawn".

[1] https://www.wsj.com/articles/wall-street-fighters-do-gooders...

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