AREX Capital Sets the Record Straight Regarding Enhabit's Misleading Assertions
AREX Capital Management, LP (together with its affiliates, "AREX" or "we"), the beneficial owner of approximately 4.9% of the outstanding common shares of Enhabit, Inc. (NYSE: EHAB) ("Enhabit"), today issued an open letter to its fellow stockholders regarding the misleading statements in Enhabit's recent communications.
The full text of the letter can be found here: AREX Sets the Record Straight.
We believe voting for all seven of AREX's nominees on the WHITE proxy card at the upcoming 2024 Annual Meeting of Stockholders is the best way to ensure that Enhabit can remain a leader in the home health and hospice industries with a board of directors that is capable of effective management oversight and is accountable to stockholders.
Stockholders are encouraged to visit www.rehabEHAB.com for additional information.
About AREX
AREX Capital Management, LP is a value-oriented investment firm based in New York City. AREX takes a long-term, opportunistic approach to investing and focuses primarily on publicly traded companies with significant, unrealized potential.
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