More on Coppersmith-Alere (ALR) letter: Coppersmith wants Alere to use the proceeds from any...

|About: Alere Inc. (ALR)|By:, SA News Editor

More on Coppersmith-Alere (ALR) letter: Coppersmith wants Alere to use the proceeds from any sales to slash its debt, which is almost $3.8B vs a market cap of $2.15B. The ops that Coppersmith wants Alere to sell are its health care management unit, its consumer products joint venture with P&G (PG), and possibly its toxicology unit. Coppersmith has been agitating for change since last month and has nominated three directors to Alere's board.