Glenview Capital Management, a hudge fund that has been subject of certain media reports that it was pushing CVS Health ...
The hedge fund has taken a large position in the healthcare company, which has seen its shares fall 24% this year to date.
Glenview is holding constructive conversations with CVS leadership regarding possible adjustments to its governance, culture, ...
Glenview Capital denies pushing for a breakup of CVS Health (CVS), states they are focused on strengthening the company's ...
CVS has been reviewing its strategic options for months as rising medical costs in its Aetna insurance arm weigh on the ...
Shares of CVS Health Corp (NYSE: CVS) are trading higher on Wednesday after Glenview Capital, an activist investor with a ...
CVS Health announced on Tuesday it plans to lay off about 2,900 employees, which constitutes less than 1% of its total ...
The reductions, part of the company's previously announced plan, would primarily impact corporate roles and not frontline ...
Splitting the healthcare company into stand-alone pharmacy or health insurance businesses could leave each struggling.
Glenview Capital Management will meet with top CVS executives to exchange ideas on how to make improvements at the healthcare company, according to a report from The Wall Street Journal.
About 2,900 jobs will be eliminated — less than 1% of the company's total global workforce — and most of the affected jobs ...