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Jana Partners Purchases Titan Shares

(Clacton, U.K./Tyres & Accessories) Jana Partners purchased 218,400 shares of Titan International at an average price of $16.90 on 18/19 September, increasing its holdings in the company to approximately 4.499 million shares, or a 25.4 per cent stake.

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According to indiescore.com, the purchase was the first for Jana since the firm “took down” 112,000 shares at an average price of $18.73 on 5/6 June.

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