Activist AREX Capital poised to win one seat in proxy fight at Enhabit, sources say

Enhabit

25/07/2024 14:53

July 25 (Reuters) - AREX Capital Management has secured
enough support from Enhabit  EHAB.N  shareholders to win one
seat on the home health and hospice provider's board of
directors, people familiar with the matter said on Thursday.
    Investor votes are still being counted before Enhabit's
annual meeting of shareholders on Thursday morning. AREX
nominated seven candidates to Enhabit's nine-member board. 
    

 (Reporting by Svea Herbst-Bayliss)
 ((svea.herbst@thomsonreuters.com; +617 233 2138; Reuters
Messaging: svea.herbst.thomsonreuters.com@reuters.net))