According to The Wall Street Journal on September 30, hedge fund Glenview Capital Management, focusing on medical care, will meet with troubled medical care company CVS Health executives on Monday to provide suggestions for improving operations. According to an insider, the hedge fund's founder Larry Robbins has built a large position in CVS, accounting for about 0.7 billion USD of its 2.5 billion USD hedge fund. CVS stated, "As part of our strong shareholder and analyst participation program, the company regularly engages in dialogue with the investment community," but declined to comment on contact with specific companies or individuals. Fund managers speculate that activist investors may take the opportunity to push CVS to make changes to increase its stock price.
对冲基金Glenview将与CVS高管会面 提出改善运营的建议
Hedge fund Glenview will meet with CVS executives to propose suggestions for improving operation.
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