Bausch Health Companies Inc. announced an increase in shareholding by Paulson Capital Inc. and affiliates.
Paulson Capital Inc. now holds approximately 19.13% of the Company's outstanding common shares.
Director Appointment and Nomination Agreement with Icahn Group terminated, leading to Board changes.
Shareholding Increase
Paulson Capital Inc. and affiliates now hold 19.13% of Bausch Health's common shares.
Director Changes
Brett M. Icahn and Steven D. Miller resigned from the Board due to the termination of the agreement with Icahn Group.
Chairperson's Confidence
Chairperson John A. Paulson expresses confidence in Bausch Health's value and future prospects.
- The increase in shareholding by Paulson Capital Inc. signals confidence in Bausch Health's potential.
- The Board changes due to the termination of the agreement with Icahn Group may impact the company's governance.
The recent developments in shareholding and Board changes at Bausch Health reflect strategic shifts within the company.