Enzon Pharmaceuticals Inc. (ENZN)

[jjp2516]

Bausch Health Companies issued PR this morning that one of their Directors had resigned. This leaves another opening for an Icahn appointment to the BOD.

“ I would like to express my gratitude to ValueAct and to Rob for his numerous contributions, particularly as we have continued to transform Bausch Health," said Joseph C. Papa, chairman and CEO, Bausch Health. "As we continue to work to execute the spinoff of Bausch + Lomb and create two attractive businesses to unlock value, we are focused on forming two strong Boards with diverse representation and perspectives to ensure we represent the customers, patients and shareholders we serve around the world."

This is the first time I’ve seen the CEO use the spinoff term. ENZN merges with B&Lspinoff would be awesome