Bausch Health Announces Board Changes as Paulson Capital Increases Shareholding
Reuters
Aug 16
Bausch Health Announces Board Changes as Paulson Capital Increases Shareholding
Bausch Health Companies Inc. announced that Paulson Capital Inc. and certain affiliates have increased their ownership of the company's common shares. As a result of this change, Brett M. Icahn and Steven D. Miller have resigned from the Board of Directors. This change follows the termination of the Director Appointment and Nomination Agreement with the Icahn Group. John A. Paulson, Chairperson of the Board, expressed confidence in the company's future prospects. Paulson Capital Inc. now owns approximately 19.13% of Bausch Health's outstanding common shares.
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