Rumors That Jana Is Seaking Board Seats At Labcorp
What’s New In Activism: Jana Partners Seeking Board Seats At Labcorp – RumorQ4 2020 hedge fund letters, conferences and more Laboratory Corp. of America launched a review of its structure and capital allocation strategy a month after rumors surfaced that Jana Partners was seeking board seats at the life sciences company. Goldman Sachs will help with the review. A month ago, several newswires wrote that Jana had nominated directors, including turnaround expert Mac Crawford, to Labcorp’s board amid talks about ways to improve value. Around that time, several analysts said that Labcorp’s Covance ...