'Activist Jana Partners Pushes Fiserv To Make Bigger Cost Cuts, Suggests $1.25 Billion As A Target, Letter Says' - Reuters Exclusive
Jana turns up heat on Fiserv after pushing for complete portfolio review in JulyArgues in letter bigger cost cuts are possible, urges board to make targets publicWarns board against aiming too low on targets, says it is
An investor named Jana thinks Fiserv can cut spending by 1.25 billion dollars. When companies cut costs, they keep more money, which can help shareholders.
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