NEW YORK, July 9: An activist shareholder, which has been battling Alere Inc’s management, said investors could more than double the value of their stock if they backed a plan for the health diagnostics and services provider to offload assets. Coppersmith Capital Management LLC, which has a roughly 7 percent stake in Alere, made the claim in a letter to Alere investors, viewed by Reuters, ahead of an August 7 annual shareholder meeting, where four of the 10 seats in its board of directors are up for grabs. (agencies)
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