BRIEF-Norbord secures wood allocation for Chambord, Quebec OSB Mill
* Norbord - Quebec Minister Of Forests, Wildlife and Parks granted co wood allocation for curtailed Chambord, Quebec OSB Mill to take effect April 1, 2018
March 30 Sarissa Capital Management LP called for a reduction in the compensation of Innoviva Inc's chief executive and the board - the hedge fund's latest salvo in its proxy fight with the drug company.
Sarissa, run by billionaire investor Carl Icahn's former healthcare lieutenant, has nominated three directors to Innoviva's board and has criticized the company's cost structure.
The hedge fund said on Thursday Chief Executive Michael Aguiar's compensation should be reduced to below $500,000 per year. (bit.ly/2okYJoA)
Aguiar's 2015 total compensation was $3.56 million, according to a regulatory filing. (bit.ly/2mStPH3)
Sarissa owns 2.72 percent of Innoviva, according to Thomson Reuters data. (Reporting by Ankur Banerjee in Bengaluru; Editing by Saumyadeb Chakrabarty)
June 26 Private U.S. property casualty insurers suffered $7.3 billion in catastrophe losses during the 2017 first quarter, the worst such quarter since the 1994 earthquake in Northridge, California, a data company and trade group said on Monday.
* Price per share implies an aggregate fully‐diluted equity value for Gaming Nation of approximately CAD$44 million