Cardinal Health (CAH) Enters Pact with Elliott

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Go back to Cardinal Health (CAH) Enters Pact with Elliott

Cardinal Health Announces Governance Enhancements and Shareholder Value Creation Initiatives

September 6, 2022 6:55 AM EDT

Adds Four New Independent Directors to the Board

Forms New Business Review Committee to Evaluate Portfolio and Operations

DUBLIN, Ohio, Sept. 6, 2022 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today announced initiatives aimed at positioning the Company for long-term success, building on Cardinal Health's previously announced growth plans. These initiatives have benefited from input received from Elliott Investment Management L.P. ("Elliott").  In connection with these initiatives, Elliott has also entered into a cooperation agreement with Cardinal Health, and Elliott's Steven Barg will join the Company's Board of Directors.

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