On April 22, 2024, Jana Partners announced that it is urging the Wolfspeed Inc. to explore all ways to improve shareholder value, including a potential sale. Jana Partners wrote in the letter that it is high time for the Company with a market value of $2.8 billion to pursue ?all avenues to improve the Company's performance? and begin a ?comprehensive review of strategic alternatives.?
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- Jana Partners Urges Wolfspeed to Explore Ways to Other Strategic Alternatives