Investors Push For Charles River Laboratories (Massachusetts) Sale
Wall Street Journal -- Relational Investors LLC and the California teachers' pension fund have upped their stakes in Charles River Laboratories International Inc. and are pushing it to explore a sale, people familiar with the matter said.
Relational and Calstrs, or the California State Teachers' Retirement System, on Wednesday evening reported a combined 6.1% stake in the pharmaceutical-research firm. Relational previously owned about a 4% stake in the Wilmington, Mass.-based company.