“Big Changes” to Healthways Board with Settlement Agreement
Represented North Tide Capital in its proxy contest and eventual settlement negotiation with Healthways, Inc., a Nashville-based provider of well-being improvement solutions. North Tide launched a proxy contest seeking four board seats at Healthways’ 2014 Annual Meeting. The contest ended when Healthways agreed to nominate three of North Tide’s director candidates and to form a Strategic Review Committee that will be chaired by one of North Tide’s director candidates.