Glenview Capital Management confirmed that Institutional Shareholder Services supports its solicitation to refresh the sitting board of HMA.
Consequent to the blow from the proxy advisory firm, Health Management Associates Inc (NYSE:HMA) has made a settlement by considering Glenview’s eight nominees to the board.
ISS support to Glenview Capital
Activist hedge fund Glenview Capital owns 14.6 percent of the common stock of Health Management Associates Inc through affiliated investment funds. This makes Glenview the largest shareholder in HMA.
Setup a free account to get access to this article (no credit card required).Login required to continue reading.
Already a member? Log in here
