Glenview Capital Management is trying to oust Health Management Associates' (HMA) board members as it looks to raise its stake in the hospital operator by nominating 8 new directors. Glenview, which compared itself to Mr. Spock, said it is taking a dispassionate approach and has been trying to get the hospital operator to amend or remove its poison-pill clause so that Glenview could raise its stake to 25% from 14.6%. Hospital stocks have done well in 2013 as investors anticipate ObamaCare fueling more demand next year. Shares fell 0.6% to 15.39.
- Health Care Industry