'Jana Partners Built Stake In Casella Waste Systems, Urges Management To Improve Margins And Returns On Capital' - Reuters

Activist investment firm Jana Partners has acquired a stake in Casella Waste Systems (CWST) and is urging the company to enhance its profit margins and returns on invested capital. Casella, which has a market value of approximately $5.6 billion, has seen its shares decline by about 11% this year and has remained relatively flat over the past five years, underperforming compared to its competitors. The waste management sector is currently attracting significant investment interest.