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Innoviva Warns Of Bad Precedent Risk In Proxy Drop Battle

By Jeff Montgomery ( September 8, 2017, 6:35 PM EDT) -- An attorney for drug licensing company Innoviva Inc. warned Friday that the Chancery Court could set a "dangerous precedent" if it upholds an investor's claim that Innoviva breached an oral contract when it dropped talks on an unfinished deal to put two investor delegates on its board....

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