1. Activist investor Jana Partners reduces Agrium stake, pleased with changes

    Activist investor Jana Partners reduces Agrium stake, pleased with changes

    CALGARY – Jana Partners, the New York activist hedge fund that waged a proxy fight against Agrium Inc. (TSX:AGU), says it has sold down its stake in the fertilizer giant. The fund will remain among Agrium’s biggest shareholders with a 2.7 per cent stake, down from its previous 7.6 per cent position...

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    1. While (Jana) continues to believe there are opportunities for substantial improvement in each of these areas, it is pleased by (Agrium's) progress in many of them since (Jana's) initial engagement with (Agrium).
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