Icahn Begins WebMD ActivismVW Staff
Carl Icahn may be starting an activist run in WebMD Health Corp. (NASDAQ:WBMD). An SEC filing made this morning by the company revealed that it was increasing the size of its board of directors from eleven to twelve. The new director will be appointed by Carl Icahn.
Icahn has been increasing its stake in the company since January when the firm stopped its efforts to sell itself. As of April Icahn's holdings in the company stood at over 13%. Today's move shows . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.