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UPDATE 1-Jana takes 6 percent stake in URI

2015-06-12 02:27:32| Industrial Machines - Topix.net

Hedge fund Jana Partners LLC has taken a 6 percent stake in United Rentals Inc and believes shares of the renter of industrial and construction equipment could hit $140, Jana partner Nik Mittal said on Thursday. It was the first time Jana, which agitates for change in some companies it has stakes in, has spoken publicly about the investment.

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