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Biovail Corporation
Biovail Notes Filing of Dissident Circular
June 21st, 2008
Biovail Corporation (NYSE:BVF) (TSX:BVF) confirmed that it has been advised of the filing of a dissident proxy circular by former Chairman and Chief Executive Officer (CEO) Eugene Melnyk, in which Mr. Melnyk proposes his own slate of nominees for election to the Board of Directors of Biovail. Biovail, with the assistance of its financial and legal advisors, is reviewing Mr. Melnyk's dissident proxy materials and will provide shareholders with an appropriate and full response in due course. Biovail shareholders are cautioned that Mr. Melnyk's dissident circular contains a number of incomplete, misleading or incorrect statements and should be viewed with...
Source: Law & Health Weekly (2008-06-21)
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