1. Evolent Health Settles With Activist Investor Engaged

    Evolent Health Settles With Activist Investor Engaged

    Activist investor Engaged Capital has reached a settlement with Evolent Health Inc. that will see a new director join the board and the health-care company form a committee charged with improving investor returns. Under the terms of the agreement, Craig Barbarosh will be appointed to the board and its newly created strategy review committee...

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    1. We are pleased to have come to an agreement with Engaged Capital and look forward to furthering our constructive relationship.
    2. Craig's appointment to the board, the formation of a strategy committee of the board and the commitment to seek to declassify the board at the upcoming annual meeting are important steps in Evolent's evolution as a public company.
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