Brookdale Senior Living Activist Sandell Seeks 3 Board Seats
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Activist shareholder Sandell Asset Management Corp. is seeking to replace three directors at Brookdale Senior Living Inc., setting the stage for a board proxy fight at the largest retirement-home operator in the U.S.
Sandell nominated founder Tom Sandell along with real estate executives Edward Glickman and Lee Wielansky to replace the incumbents up for re-election this year: Jeffrey R. Leeds, former Brookdale co-Chief Executive Mark J. Schulte, and Samuel Waxman, according to a statement Monday.