Brief: Engaged Capital Reports 9.99% Stake In Medifast

Medifast

18/11/2019 13:14

Nov 18 (Reuters) - Medifast Inc  MED.N :
    * ENGAGED CAPITAL LLC REPORTS 9.99% STAKE IN MEDIFAST INC AS
OF
NOV 7, 2019 - SEC FILING
    * ENGAGED CAPITAL LLC - PURCHASED MEDIFAST'S SHARES BASED ON
’
BELIEF THAT MEDIFAST'S SHARES, WHEN PURCHASED, WERE UNDERVALUED
    * ENGAGED CAPITAL LLC-HAVE ENGAGED, INTEND TO CONTINUE TO
ENGAGE,
IN COMMUNICATIONS WITH MEDIFAST REGARDING OPPORTUNITIES TO
MAXIMIZE SHAREHOLDER VALUE

Source (https://bit.ly/2Oquk5Y)
Further company coverage:  MED.N 

 ((Reuters.Briefs@thomsonreuters.com;))