- Published at
- by foodbusinessnews.net
neutral
neutral
TreeHouse reaches ‘cooperation agreement’ with Jana
OAK BROOK, ILL. — TreeHouse Foods, Inc. on March 2 named John P. Gainor Jr. and Kenneth I. Tuchman as independent directors on its board of directors. Additionally, TreeHouse said it has entered a “cooperation agreement” with Jana Partners that essentially calls for the companies to not speak out against one another. The agreement with Jana Partners, which owns approximately 7.4% of the outstanding shares of TreeHouse's common stock, comes a little less than a month after Jana urged TreeHouse to explore a strategic review, . . .