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

Summary by Blue Water Healthy Living
By Svea Herbst-Bayliss (Reuters) – AREX Capital Management has secured enough support from Enhabit 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. The seat is expected to go to Mar…
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