12.08.2013 22:37:20
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Glenview Capital Confirms Shareholders Have Approved Consents To Revitalize HMA
(RTTNews) - Glenview Capital Management LLC, which owns 14.6% stake in Health Management Associates Inc. (HMA), Monday in a statement said, "Earlier today, Glenview submitted to the appropriate representatives of HMA documentation that a majority of shareholders have voted for the removal and replacement of the entire Board of Directors at HMA. We anticipate that the Sitting HMA Board will work with their outside advisors to ensure a prompt fiduciary review of the voting results. Led by future HMA Chairman Steven Shulman, the nominees will be in contact with the outgoing HMA Board and their advisors to ensure a smooth transition to be effected this week."
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