Jana Takes Stake in Casella Waste and Urges Changes
Jana Partners built a new position in Casella Waste Systems and wants the regional waste-services company to improve profit margins and returns on invested capital, according to its managing partner and portfolio manager.
By Svea Herbst-BaylissActivist investment firm Jana Partners has built a new position in Casella Waste Systems NASDAQ:CWST and wants the regional waste services company to improve its profit margins and returns on invested capital, the firm's managing partner and portfolio manager said on Tuesday.T…