BRIEF-Engine Capital Sends Letter To Acadia Healthcare's Board Of Directors

Reuters

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Sept 24 (Reuters) - Acadia Healthcare Company Inc ACHC.O:

ENGINE CAPITAL SENDS LETTER TO ACADIA HEALTHCARE’S BOARD OF DIRECTORS REGARDING THE URGENT NEED FOR STRATEGY AND GOVERNANCE CHANGES
ENGINE CAPITAL: URGES ACADIA HEALTHCARE'S TO IMMEDIATELY HALT GROWTH CAPITAL PROJECTS, PRIORITIZE OPERATIONAL AND COST STRUCTURE IMPROVEMENTS
ENGINE CAPITAL: URGES ACADIA HEALTHCARE TO EXPLORE POTENTIAL ASSET SALES, AND REPURCHASE UNDERVALUED SHARES
ENGINE CAPITAL: ACADIA BOARD NEEDS TO BE REFRESHED WITH NEW DIRECTORS
ENGINE CAPITAL: OWNS APPROXIMATELY 3% OF OUTSTANDING SHARES OF ACADIA

Source text: ID:nBw2N7k72a

Further company coverage: ACHC.O

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