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.