Bausch Health announced an increase in shareholding by Paulson Capital Inc. and affiliates.
Director Appointment and Nomination Agreement with Icahn Group terminated.
Directors Brett M. Icahn and Steven D. Miller resigned from the Board.
Shareholding Increase
Paulson Capital Inc. and affiliates now own approximately 19.13% of the Company's common shares.
Director Agreement Termination
Agreement with Icahn Group terminated as their position fell below specified threshold.
Board Resignations
Directors Brett M. Icahn and Steven D. Miller resigned from the Board.
- The increase in shareholding reflects confidence in Bausch Health's value and prospects.
- Board changes indicate shifts in corporate governance.
- Paulson Capital Inc.'s actions suggest strategic positioning in the company.
Bausch Health's recent announcements signal potential changes in company direction and governance. The increase in shareholding and board changes are key developments to watch in the coming periods.