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Glenview Capital's Larry Robbins Explains Why He Wants HMA's Board Removed

June 25, 2013 | About:


Glenview Capital's Larry Robbins has an excellent long-term track record. That track record is mainly the result of passive investments.

Today, however, Robbins is making an unusual move (for him) and going activist on Health Management Associates (NYSE:HMA).

Glenview which owns 14% of the company is asking shareholders to replace the current board of directors.

In the video below he explains why he is taking his suggestion to remake the board of directors to shareholders:



About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

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dhermangub
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