AREX Capital Issues Letter to Board of Directors of Enhabit (EHAB)

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

August 14, 2023 9:00 AM EDT

Applauds Decision to Launch Strategic Alternatives Process

Expects Requisite Tax Opinion to be Delivered Promptly

Requests Board Refreshment to Boost Shareholder Confidence in Sale Process

NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- AREX Capital Management, LP, together with its affiliates, the owners of approximately 4.7% of the shares of Enhabit, Inc. (NYSE: EHAB) (the Company), today issued an open letter to the Companys Board of Directors.

The full text of the letter is set forth... More