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. The recent support from QVT Financial is a great morale booster for First Manhattan’s efforts to replace VIVUS, Inc. (NASDAQ:VVUS) (FRA:VIU) directors. First Manhattan’s Views First Manhattan Co is Vivus’ largest shareholder with 9.9 percent stake. The investment firm seeks to take full control…
Vivus Shareholder QVT Financial To Support Dissident Slate
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports