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Hospitals

Chen's 22% CHS stake carries clout - with or without a board seat

Chen's 22% CHS stake carries clout - with or without a board seat

Chinese billionaire Tianqiao Chen as recently as February used his 10% stake in Legg Mason to gain two board seats at the asset-management firm, including the vice chairmanship for himself. His designs for CHS haven't been made public but he already carries weight with his holdings.

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