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HCA lets Major Shareholders Nominate Directors After Activist Investor Pushes for Change

Becker's Hospital Review

The directors of Nashville, Tenn.-based HCA Healthcare voted last week to allow established investors to participate in the board seat nomination process, according to a filing with the Securities and Exchange Commission. The company added a provision to its amended bylaws to allow an individual stockholder or a group of up to 20 stockholders who have owned at least 3 percent of HCA's common stock for at least three years to nominate directors...

Mentions: Bylaws HCA SEC