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Vivus Inks 11th-Hour Compromise To Avoid Proxy Fight

By Karlee Weinmann (July 19, 2013, 11:55 AM EDT) -- A heated, monthslong proxy battle between Vivus Inc. and its largest shareholder ended in a compromise Friday, with the drugmaker agreeing to expand its board and allow activist investor First Manhattan Co. to fill most of the seats with its nominees....

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