Barry Rosenstein, laminitis of JANA Partners.
Adam Jeffery | CNBC
Cooper Companies Monday
The hedge fund, founded by Barry Rosenstein and known for pressuring companies to marque changes that heighten shareholder value, besides intends to impulse Cooper to amended however it allocates superior successful bid to boost returns, said the Journal, which cited sources adjacent to the matter.
CNBC reached retired to Jana Partners for remark and didn't instantly perceive back.
Jana whitethorn promote Cooper to see merging its contact-lens concern with rival Bausch + Lomb, the Journal reported.
Cooper precocious chopped its full-year gross outlook successful August, citing weaker request successful immoderate markets. The banal is down astir 22% this year.
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