Jana Partners’ Barry Rosenstein Has Different Take on BlackRock C.E.O.’s Missive
ByLaurence D. Fink, the chief executive of BlackRock, appeared to have been criticizing activist shareholders when he recently urged corporate chieftains not to be bullied by investors with short-term interests.
But Barry Rosenstein, the billionaire activist, disagrees. Mr. Rosenstein said he ran into Mr. Fink on the same day that he sent that message in letters to every chief executive of the 500 biggest companies in the United States.
“We started talking about it and the first thing he said was, ‘You know everybody interprets this as my being anti-activist and I’m not,’” Mr. Rosenstein, who founded the $11 billion hedge fund Jana Partners in 2001, said in an interview in the coming “Wall Street Week” that will air on Sunday morning…
Jana Partners’ Barry Rosenstein Has Different Take on BlackRock C.E.O.’s Missive
