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Major CVS shareholder plans activist push, will meet with management, sources say

CVS Pharmacy logo is seen at store in Florida Keys, United States on May 7, 2024.

The hedge fund has established a sizable position in the company, said some of the people. Glenview invests in a variety of sectors, but its most recent regulatory filings show it holds positions in Centene , CVS and Teva Pharmaceuticals among other names.

Specifics about Glenview's proposals could not be learned. The Wall Street Journal first reported that Glenview would be meeting with CVS management, including CEO Karen Lynch.

"Beyond that, we cannot comment on engagement with specific firms or individuals," the spokesperson said."

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