AREX Capital Releases Presentation Detailing Its Nominees’ Comprehensive Plan to Deliver Enduring Value for Enhabit Stockholders
27 Juin 2024 - 10:15PM
Business Wire
Presentation Details the AREX Slate’s
Achievable Plan to Improve Enhabit’s Operational Performance,
Recapture Home Health Market Share, Revamp Hospice Sales, and
Reduce Corporate Overhead
Believes AREX Slate’s Plan Can Increase
EBITDA by 50%
Visit www.RehabEHAB.com to
Download the Presentation and Learn How to Vote the WHITE Proxy Card for All Seven Members of the AREX
Slate
AREX Capital Management, LP (together with its affiliates,
“AREX”), the beneficial owner of approximately 4.9% of the
outstanding common shares of Enhabit, Inc. (NYSE: EHAB) (“Enhabit”
or the “Company”), today issued a presentation detailing the AREX
Slate’s comprehensive plan to turn around Enhabit’s operational
performance and reduce costs, which AREX believes could increase
EBITDA by 50%.
The presentation can be accessed here: Rehabilitate Enhabit.
As a reminder, AREX encourages stockholders to vote for
all seven of its highly qualified
nominees on the WHITE
Proxy Card at the upcoming 2024 Annual Meeting of Stockholders.
AREX believes this is the only way to ensure that Enhabit has a
Board of Directors with the right experience and skills to
effectively oversee management and help them drive operational
improvements that can lead to significant value creation for
stockholders.
About AREX
AREX Capital Management, LP is a value-oriented investment firm
based in New York City. AREX takes a long-term, opportunistic
approach to investing and focuses primarily on publicly traded
companies with significant, unrealized potential.
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version on businesswire.com: https://www.businesswire.com/news/home/20240627017218/en/
Investor Contact Saratoga Proxy Consulting John Ferguson
(212) 257-1311 rehabEHAB@saratogaproxy.com Media Contact
Longacre Square Partners Charlotte Kiaie / Bela Kirpalani (646)
386-0091 rehabEHAB@longacresquare.com
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