Terms of Use


This website is owned and operated by JANA Partners Management, LP and its affiliates (collectively, “JANA”).

By accepting these terms, you acknowledge your understanding and acceptance of, without limitation or qualification, and agree to be bound by, the Terms of Use and all applicable laws. These Terms of Use constitute a binding agreement between you and JANA and govern your access and use of our website. From time to time, JANA may add to, modify or remove any part of these Terms of Use, without notice, and any such modifications will be effective immediately upon posting.

Please read these Terms of Use carefully before using the website. Each time you use this website, your use indicates your full acceptance of and agreement to abide by these Terms of Use in their current form. If you do not accept the terms and conditions stated in these Terms of Use, do not use the site.


Under no circumstances should any content on this website constitute a solicitation or an offer to buy or sell any interests in a fund, investment vehicle, or account managed by JANA in any jurisdiction within or outside of the United States. Such offer may only be made to qualified offerees via the appropriate offering documents, where permitted by law, prepared pursuant to the laws of any applicable jurisdiction and only to those persons who are eligible to invest in an investment vehicle managed by JANA in accordance with the laws of such jurisdiction. For more information and disclosure on the risks associated with investing in a fund managed by JANA, please refer to JANA’s Part 2A of Form ADV: https://adviserinfo.sec.gov/firm/summary/292832 


“JANA” is the trade name for JANA Partners Management, LP and its affiliates. All related marks are service marks or trademarks that are proprietary to JANA. They may not be used or displayed without JANA’s express prior written consent. All other trademarks, service marks and logos displayed on this website are the property of their respective owners. Nothing on this website shall be interpreted as granting, by implication or otherwise, any license or right to use any image, trademark, logo or service mark. Copying or downloading material from this website does not transfer title to any material on this website to you. All rights are expressly reserved and retained by JANA. You are also advised that JANA considers its intellectual property to be among its most valuable assets and will aggressively enforce its intellectual property rights to the fullest extent of the law.


Due to the global nature of the internet, this website may be accessed by users in countries other than the United States. JANA makes no warranties that information on this website is appropriate or available for use in such locations. If it is illegal, prohibited, or restricted in your country of origin to access or use this website, then you should not do so. Those who choose to access this website outside the United States do so at their own initiative and are responsible for compliance with all local laws and regulations.

This website does not constitute a “prospectus” within the meaning of the Securities Act or the EU Prospectus Directive, as amended (Directive 2003/71/EC), and shall not be relied on in connection with any contract or commitment whatsoever. Please note that JANA and its accounts are not registered under the Alternative Investment Fund Managers Directive (AIFMD) for sale in the European Union and does not intend to apply for registration under article 42 of AIFMD in the foreseeable future.


This website and the information contained therein have been prepared for informational purposes only, and are not intended to provide, and should not be relied on for legal or investment advice. You should consult your own legal and investment advisors before engaging in any transaction. Past performance is not necessarily indicative of future results. All investments involve risk including the potential loss of all principal invested. There is no guarantee that any investment strategy discussed herein will achieve its objectives. To the extent that any specific securities are discussed herein, such securities do not represent all of the securities purchased, sold or recommended during any particular period and should not be considered a recommendation or solicitation to purchase, sell or otherwise invest in any such securities. There is no assurance that any of the securities discussed herein remain in any fund at the time you receive this or that securities sold have not been repurchased. Specific securities may be purchased, sold or held in certain funds or accounts but not in others, even though the investment strategies for such funds or accounts may be similar. It should not be assumed that any security discussed herein will be profitable during the life of an investment. The information contained herein does not have regard to the specific investment objective, financial situation, suitability, or the particular need of any specific person who may review this website and should not be taken as advice on the merits of any investment decision.


JANA may add, modify, discontinue, or remove any content posted on this website without notice and without liability. You agree that JANA is not responsible for any action that you take or decision you make in reliance on any content contained on this website.

The views expressed herein represent the opinions of JANA. The accuracy of the views and information contained herein is not guaranteed and may not contain all material information concerning JANA. JANA does not make any representations regarding, or assume any responsibility or liability for, the accuracy or completeness of, or any errors in or omissions from, any views or information contained herein. JANA disclaims any obligation to update the data, information or opinions contained herein.

Although information contained herein may have been obtained from sources believed to be reliable, including new publications, JANA does not guarantee their accuracy, completeness or fairness. JANA has relied upon and assumed, without independent verification, the accuracy and completeness of all data and information available from public sources. No warranty is made that any data or information contained herein, whether derived or obtained from filings made with the U.S. Securities and Exchange Commission (the “SEC”) or from any third party, is accurate. JANA shall not be responsible or have any liability for any misinformation contained in any SEC filing or third-party report.

Please note that these Terms of Use apply only to JANA’s website and not to other websites that may be accessible herein. JANA provides such links for your convenience only, and has not reviewed these third party websites and is not responsible for any of these websites or their content. We are responsible only for the content of our own website. If you access any third party website through our website or otherwise, you will leave this website and you do so at your own risk. Links to and from this website do not constitute any endorsement by JANA of any other site, nor do they constitute any third party endorsement or sponsorship of, or affiliation with, us or this website. We encourage you to review the privacy policies and user agreements of all other websites that you visit.


JANA may, but has no obligation to, monitor and record activity on our website for any reason or for no reason. We may investigate any complaint or reported violation of these Terms of Use. We may report any activity that we suspect may violate any law or regulation to regulators, law enforcement officials or other persons or entities that we deem appropriate. We may issue warnings, suspend or terminate your use of this website, deny access to you to all or part of this website or take any other action that we deem appropriate.


We disclaim all representations and warranties, express or implied, of any kind with respect to this website, including warranties of merchantability, fitness for a particular purpose and non-infringement of intellectual property and proprietary rights. Without limiting the foregoing, we do not warrant the availability, accuracy, completeness, timeliness, functionality, reliability, speed or delivery of this website or any part of the information contained on this website or that the server that makes this website available is free of viruses or other components that may infect, harm or cause damage to your computer equipment or any other property when you access, browse, download from or otherwise use this website. JANA assumes no responsibility, and shall not be liable for, any damages to, or viruses that may infect, your computer equipment or other property on account of your access to, use of, or browsing in this website or your copying or downloading of any materials from this website.

Please see additional disclaimers throughout the website.