Starboard Value has acquired a 5.90% stake in Healthcare Realty Trust, which is at a critical juncture following the departure of its long-time CEO. The company faces two potential paths: searching for a new CEO to enhance operational efficiency or considering a sale, with interest from strategic buyers like Welltower. Starboard's involvement could be pivotal in either scenario, leveraging its expertise in corporate governance and operational improvement.
Henry Schein, a leading health-care distributor, faces pressure from activist firm Ananym to refresh its board, cut costs, and consider selling its medical distribution business. Despite stable cash flow and a strong balance sheet, the company has underperformed in shareholder returns, primarily due to rising operating expenses and poor acquisition integration. Ananym suggests a comprehensive cost restructuring plan and improved capital allocation to enhance shareholder value.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
