March 22, 2017 / 1:02 PM / 4 months ago

BRIEF-Innoviva files definitive proxy and sends letter to shareholders

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March 22 (Reuters) - Innoviva Inc:

* Innoviva files definitive proxy and sends letter to shareholders

* Innoviva Inc - "recently, an activist hedge fund acquired a 3% stake in company and asked for four seats on our seven-member board"

* Innoviva Inc - "fund has since dropped its demand to three seats" Source text for Eikon: Further company coverage:

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