Hologic Hands Icahn 2 Board Seats To Head Off Proxy Fight

Law360, New York (December 9, 2013, 11:21 AM EST) -- Hologic Inc., a maker of cancer-screening tools, said Monday it would expand its board to accommodate two new directors hand-picked by Carl Icahn, staving off a proxy fight with the activist less than a month after he disclosed a sizable minority stake in the company.

Under the agreement, Jonathan Christodoro and Samuel Merksamer will flesh out Hologic's beefed up 11-member board. Both directors are among Icahn's favorite board designees; he has repeatedly turned to them to take the reins behind closed doors at companies he believes...
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