Can Zynga And Groupon Be Saved? An Activist Hedge Fund Seems To Think So |
May 15, 2013 | May 2013 Bond Updates |
Looked at over the past several months, Zynga and Groupon appear as some of the most attractive investments out there, delivering returns of about 40% each in 2013. That’s probably not what Barry Rosenstein of Jana Partners was looking at when he bought stakes in both troubled companies, which are both down more than 60% since their 2011 IPOs. |
View more at: http://www.forbes.com/sites/afontevecchia/2013/05/15/can-janas-barry-rosenstein-save-zynga-and-groupon/ |
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