First Manhattan seeks 2nd successful life science turnaround with Vivus nominees
This article was originally published in Scrip
Executive Summary
Activist investor First Manhattan successfully added three of its own nominees to the board of Aspect Medical Systems in 2009 and now the investment management firm wants to take over management of prescription weight-loss drug marketer Vivus by replacing all six members of the Mountain View, California-based company's board of directors.
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