1. Tenet Shares Surge 15% on Board Member Exits but don’t Expect it to ‘go gentle into that good night’

    Tenet Shares Surge 15% on Board Member Exits but don’t Expect it to ‘go gentle into that good night’

    Tenet Healthcare Corp. may be poised for a proxy fight with Glenview Capital Management LLC, the company’s largest institutional shareholder, after two board members representing Glenview resigned their positions. But Tenet THC, +14.60% “may not go gentle into that good night,” said Mizuho analyst Sheryl Skolnick, referencing a well-known Dylan Thomas poem about death. To “be clear: we expect Glenview to mount a campaign to change THC’s direction, potentially even to change management...

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