Activist AREX Capital poised to win one seat in proxy fight at Enhabit, sources say-May 2024-www.financetom.com

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

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

Jul 25, 2024 7:18 AM

July 25 (Reuters) - AREX Capital Management has secured

enough support from Enhabit ( EHAB ) 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 ( EHAB )

annual meeting of shareholders on Thursday morning. AREX

nominated seven candidates to Enhabit's ( EHAB ) nine-member board.

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