Glenview says majority of shareholders vote to replace HMA board

Mon Aug 12, 2013 4:29pm EDT

Aug 12 (Reuters) - Investment firm Glenview Capital Management, which owns 14.6 percent of Health Management Associates Inc, on Monday said a majority of the hospital operator's shareholders have voted to oust HMA's board and replace it with Glenview's slate of directors.

Glenview said it expects the transition to occur this week, after HMA's current board reviews the voting results with their own advisers.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.