Forest pushes new board members in fight vs Icahn


NEW YORK (Reuters) - Forest Laboratories Inc said it plans to nominate a 10-person board slate that includes three new members at its shareholder meeting, as the drugmaker fends off a challenge from billionaire investor Carl Icahn.

In addition to seven incumbents, Forest plans to nominate Christopher Coughlin, former chief financial officer of Tyco International Ltd ; Gerald Lieberman, former president of AllianceBernstein Holding LP ; and Brenton Saunders, CEO of eye-care company Bausch & Lomb. Previously, Forest's board had had nine members.

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Icahn, who is Forest's fourth-largest shareholder with a roughly 7 percent stake, is pushing four separate nominees for the board.

(Reporting by Lewis Krauskopf, editing by Gerald E. McCormick)