Jana Invests In Liberty Interactive

Feb 18 2014 | 10:57am ET

In the wake of the Comcast Corp.-Time Warner Cable deal, activist hedge fund Jana Partners is investing in a cable mogul who was shut out.

The New York-based firm has taken a 5.5% stake in Liberty Interactive, headed by John Malone. Charter Communications, which is backed by Malone's Liberty Media, had sought to buy TWC, but its offer was rejected.

Liberty Interactive owns home-shopping network QVC Inc. and websites Evite and TripAdvisor, among others. The company said in October that it was planning to spin-off QVC and TripAdvisor.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of