2024-10-01

Major CVS shareholder plans activist push, meet with execs: sources

Glenview Capital, a major CVS Health shareholder, is expected to meet with company leadership on Monday to lay out proposed fixes for the struggling business, according to people familiar with the matter, a potential precursor to an activist push. The hedge fund has established a sizable position in the company, said some of the people. Glenview invests in a…

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2024-09-14

Activist Engine Capital pushes for new board at Upwork, takes 4% stake

Close-up of sign at entrance to Silicon Valley headquarters of outsourcing and freelancing company Upwork, Mountain View, California, May 3, 2019.  Smith Collection | Gado | Archive Photos | Getty Images Activist investor Engine Capital has a roughly 4% stake in freelance marketplace Upwork and is pushing for a shakeup to the company’s board. In a letter to Upwork’s…

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