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Live News EQUITY ARTICLE M impact

Jana Partners urges Cooper Cos. CEO replacement, reviews asset sales

WSJ reports Jana Partners sent a letter asking Cooper Cos. to replace its chief executive and consider selling its core businesses.

COO

Activist hedge fund Jana Partners is pressing contact-lens maker Cooper Cos. to replace its chief executive and consider selling its core businesses. The demands were laid out in a letter sent to the company Thursday and reviewed by The Wall Street Journal.