AREX Capital Expresses Disappointment in Enhabit’s Strategic Review Conclusion
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- AREX Capital Management, LP (“AREX Capital Management” or “we”), together with its affiliates, the owners of approximately 4.8% of the shares of Enhabit, Inc. (NYSE: EHAB) (the “Company” or “Enhabit”), today issued the below statement expressing its disappointment in the conclusion of Enhabit’s strategic review.
- NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- AREX Capital Management, LP (“AREX Capital Management” or “we”), together with its affiliates, the owners of approximately 4.8% of the shares of Enhabit, Inc. (NYSE: EHAB) (the “Company” or “Enhabit”), today issued the below statement expressing its disappointment in the conclusion of Enhabit’s strategic review.
- “We are disappointed that Enhabit’s strategic review process has concluded without a sale of the Company.
- In March, we nominated a slate of seven highly qualified candidates to stand for election at the 2024 Annual Meeting.
- He also served myNEXUS as a Vice Chairman and in a strategic advisor role from 2018 to 2019.