Glenview Capital claimed a majority of the shareholders of Health Management Associates Inc (NYSE:HMA) have voted to replace the existing board with Glenview’s slate of directors. Activist hedge fund Glenview Capital indicated in a statement that it submitted to Health Management Associates Inc (NYSE:HMA) documentation that a majority of shareholders have voted for the removal and replacement of the entire board of directors at the U.S. hospital chain. The hedge fund indicated it anticipates the sitting Health Management Associates Board will work with their outside advisors to ensure a prompt fiduciary review of the voting results. Glenview received ISS support Last week, the…
Glenview Claims Shareholder Approval To Replace HMA Board
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports