As a recent 13D filing with the US Securities and Exchange Commission reveals, billionaire activist Barry Rosenstein‘s JANA Partners has boosted its stake in TeamHealth Holdings Inc (NYSE:TMH). The filing showed that JANA owns 5.89 million shares of TeamHealth Holdings, which represent 8% of the company’s outstanding stock. In its latest 13F, JANA did not report holding shares of TeamHealth Holdings.
In addition, the investor stated in the filing that it had submitted a notice of its plans to nominate Edwin M. Crawford, Nancy M. Schlichting and Scott Ostfeld to be elected to TeamHealth’s Board of Directors at the 2016 meeting of stockholders.
“Mr. Crawford previously served as the Chairman of CVS Caremark Corporation, a leading provider of pharmacy benefits management services. Ms. Schlichting is the President and CEO of Henry Ford Health Systems, one of the nation’s leading health care providers. Mr. Ostfeld is a Partner at JANA and a Co-Portfolio Manager for JANA’s active equity ownership strategy. JANA met with members of the Issuer’s management team on February 24, 2016 to discuss the matters described herein,” JANA said.
You can access the original SEC filing by clicking here.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|EDWIN M. CRAWFORD||82,251||0||82,251||0||82,251||0.1%|
|NANCY M. SCHLICHTING||12,125||0||12,125||0||12,125||0.0%|
Page 1 of 9 SEC Filing
|SECURITIES AND EXCHANGE COMMISSION|
|Washington, D.C. 20549|
|INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT |
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
|Under the Securities Exchange Act of 1934|
|(Amendment No. )|
|(Name of Issuer)|
|(Title of Class of Securities)|
Marc Weingarten, Esq.
Eleazer Klein, Esq.
|919 Third Avenue|
|New York, New York 10022|
|(Name, Address and Telephone Number of Person|
|Authorized to Receive Notices and Communications)|
|(Date of Event which Requires|
|Filing of this Schedule)|
If the filing person has previously filed a statement on Schedule
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or 13d-1(g), check the following box. [ ]
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