Jana Partners LLC continued to call for PetSmart Inc. to consider a sale, saying that it would "not hesitate to seek significant board change" at the next annual meeting if the pet-supply retailer fails to act.
A representative for PetSmart didn't immediately respond to requests for comment.
Earlier this month, Jana disclosed it had taken a nearly 10% stake in PetSmart and said it would seekconversations with the company about strategic options.. . . more