PRESS DIGEST- Wall Street Journal - June 21
June 21 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- Mondelez International Inc said it would acquire Clif Bar & Co for at least $2.9 billion, in a deal that adds the brands Clif Bar, Luna and Clif Kid to Mondelez's food business. https://on.wsj.com/3HCoR7A
- JetBlue Airways Corp on Monday increased its offer to buy Spirit Airlines Inc at $33.50 in cash per Spirit share. Previously, it had offered $31.50 per share. https://on.wsj.com/3xE7VsQ
- A group of investors – Invesco Ltd, Janus Henderson Investors, Pelham Capital and Global Value Fund – said it is calling for change at an investment vehicle, Trian Investors 1 Ltd, managed by shareholder activist Trian Fund Management, arguing that the company has deviated from its original purpose when it went public nearly four years ago. https://on.wsj.com/3bcylKw (Compiled by Bengaluru newsroom)