Jana Ups Stake In Energy Co., Plans Push For Board Seats

Law360, New York (January 14, 2014, 1:33 PM EST) -- Activist investor Jana Partners LLC late on Monday boosted its stake in energy company QEP Resources Inc. to nearly 10 percent and said it would likely push for board representation as it continues a campaign to redefine the company as a pure-play exploration and production outfit.

The move cemented Jana's status as QEP's biggest shareholder, bringing its holding from 7.6 percent to 9.5 percent, according to a filing with the U.S. Securities and Exchange Commission.

In its most recent filing, Jana said it plans to continue...
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