Jana’s Ostfeld Sees Wolfspeed Upside From Devices Separation

Scott Ostfeld, managing partner at Jana Partners, says chips manufacturer Wolfspeed can unlock value by separating its devices unit.

• Jana has built a “significant stake” in Wolfspeed, Ostfeld says at 13D Monitor Active-Passive Investor Summit in New York on Tuesday
• Jana sees “significant upside” in Wolfspeed, Ostfeld says
• Wolfspeed could also look to partially monetize silicon carbide business, Ostfeld says
  • Any carbide deal would be a concern to US government: Ostfeld
• NOTE: Jana Partners Management Buys Wolfspeed Inc, Cuts Freshpet: 13F
• NOTE: Wolfspeed Nominates Thomas Seifert and Woody Young to Board of Directors

To contact the reporters on ...