Vivus Shareholder QVT Financial To Support Dissident SlateMani
QVT Financial, the third largest shareholder of VIVUS, Inc. (NASDAQ:VVUS) (FRA:VIU) plans to vote for the nine-member slate proposed by dissident investor First Manhattan Co.
QVT Financial holds about 8.3 percent stake in the pharmaceutical company.
The investment management firm First Manhattan, earlier received support from proxy advisor Institutional Shareholders Services for three of its nine proposed directors.
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