Institutional Shareholder Services Supports Complete Change of HMA Board of Directors, Election of All Eight Fresh Alternative Nominees
Glenview Capital Management LLC, which owns 14.6% of the common stock of Health Management Associates, Inc. (NYSE: HMA) through affiliated investment funds, today confirmed that Institutional Shareholder Services Inc. ("ISS") has issued a comprehensive report supporting every element of Glenview's consent solicitation to replace and refresh the Sitting Board of HMA. In a statement, Glenview said:
"We are grateful for the amount of study and analysis performed by ISS in considering the eight nominees of the Fresh Alternative Board. We appreciate that ISS is part of the broad and growing chorus of voices calling for complete change at HMA, and we believe ISS's conclusions reflect not only HMA's historical shortcomings but more importantly reflect the skill, sincerity, preparation and thoughtful approach of the eight nominees. Ultimately the consent solicitation will be decided by HMA Shareholders, and we urge them to vote promptly to Revitalize HMA."
For more information on how to consent to empower the Fresh Alternative Board to begin their important work, HMA shareholders should contact Okapi Partners LLC at (212) 297-0720 or toll free at (877) 869-0171.
About Glenview Capital Management Glenview Capital Management is a private investment management firm with more than $6 billion of assets under management. The firm was founded in 2000 and manages capital for qualified investors through a series of private investment funds, and has offices in New York and London. Glenview is focused on delivering attractive absolute returns through an intense focus on deep, fundamental research and individual security selection.
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