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Triad Hospitals investor plans to nominate five to board
By Lisa Kerner
Charlotte, N.C., Jan. 30 - TPG-Axon Capital Management, LP, led by Dinakar Singh, plans to nominate an alternative slate of five candidates to the Triad Hospitals, Inc. board of directors at the company's 2007 annual meeting, according to a schedule 13D filing with the Securities and Exchange Commission.
TPG Axon, which owns roughly 7.8 million shares, or 8.87% of Triad Hospitals' outstanding common stock, is in discussions with and considering a number of potential candidates.
Triad Hospitals is a Plano, Texas, provider of health care services through hospitals and ambulatory surgery centers.
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