13D Filing: Shanda Media Ltd and Community Health Systems Inc (CYH)

Page 7 of 8 – SEC Filing

The following constitutes Amendment No. 2 (“Amendment No. 2”) to the Schedule 13D filed by the Reporting Persons on March 13, 2017 (the “Original Schedule 13D”), as amended by that Amendment No. 1 to the Original Schedule 13D (“Amendment No. 1” and, collectively with Amendment No. 2 and the Original Schedule 13D, the “Schedule 13D”) filed by the Reporting Persons on August 15, 2017.
Item 4.
Purpose of Transaction.
Item 4 is hereby amended to add the following:
Per the Issuer’s request and following the process set out in the previously announced settlement agreement concluding the Issuer’s derivative litigation (which agreement required the Issuer to solicit input from holders of one percent or more of the Issuer’s Common Stock for greater than one year with respect to suggestions for nomination of directors to the Issuer’s Board) the Reporting Persons who now currently qualify as one percent holders for greater than one year have now provided such input as part of this required process and may provide additional input in the future.

Follow Community Health Systems Inc (NYSE:CYH)