Activist investor builds stake in Fiserv

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Activist investor Jana Partners has acquired a stake of less than one percent in Fiserv, purchasing 2.2 million shares. The investor is urging Fiserv to take action to boost its stock price, which saw a significant decline in the previous year. Jana Partners supports Fiserv’s “One Fiserv” action plan but also advocates for faster expansion of core banking operations and a strategic review to potentially offload non-core assets.

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