AREX Capital Issues Letter to Board of Enhabit (EHAB)

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AREX Capital Issues Letter to Board of Directors of Enhabit, Inc.

June 13, 2023 9:00 AM EDT

Outlines Concerns with Enhabits Poor Share Price Performance

Seeks Commitment to Launch Review of Strategic Alternatives Before the End of 2023

NEW YORK, June 13, 2023 (GLOBE NEWSWIRE) --  AREX Capital Management, LP, together with its affiliates (collectively, AREX), the owners of approximately 4.5% of the shares of Enhabit, Inc. (NYSE: EHAB) (Enhabit or the Company), today issued an open letter to the Companys Board of Directors (the Board).

In its letter, AREX outlines Enhabits dramatic share price... More