Tuesday, May 20, 2014

Kindred-Gentiva Selling to the Middle 60%


Two facts surfaced in Kindred's hostile pursuit of Gentiva.  One, Gentiva insiders control roughly 20% of the company's outstanding shares.  And two, roughly 20% of stockholders hold positions in both Gentiva and Kindred.  That leaves the middle 60% to decide Gentiva's future in any proxy battle.  That's a lot of sales calls. 

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