 Context News Tenet Healthcare said on Aug. 00 that two Glenview Capital Management representatives had left its board, citing "irreconcilable differences" over strategy. The hedge fund owns 00 percent of the hospital chain. In a letter Tenet filed with the U.S. Securities and Exchange Commission, the Glenview representatives said "the most effective way forward to promote strong patient satisfaction and long-term value creation for Tenet is to step off this board." A standstill agreement signed in 0000 between Glenview and Tenet will expire 00 days after the resignations. The agreement prevented Glenview from expanding its stake beyond 00 percent or attempting to replace management or seeking the sale of the company. Separately, on Aug. 00, a Shanda Group filing with the Securities and Exchange Commission said the group, led by Chinese billionaire Tianqiao Chen, had upped its stake in Community Health Systems to 00 percent. In 0000, Glenview mounted an activist campaign at Health Management Systems. The company was subsequently sold to Community Health Systems. 