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Aug 31, 1995

Hard to Swallow

The story so far of the battle between trade union Fast and America's largest nursing home operator Beverly Enterprises

Proxy votes come and go, but some leave a bitter taste. That's especially true when a poison pill is the issue, as in the case of Beverly Enterprises versus Fast and the AFL-CIO. Some 13 years into this vitriolic epic, the latest battle is being waged on the proxy front, and the results have deepened the rift between America's largest nursing home operator and the Food and Allied Service Trades Department (Fast) of the powerful AFL-CIO federation of unions. In the event, stockholders gave

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