1. Sherritt International Corp. wins solid victory in proxy fight, but activist George Armoyan vows to keep pushing for ...

    Sherritt International Corp. wins solid victory in proxy fight, but activist George Armoyan vows to keep pushing for ...

    TORONTO — Sherritt International Corp. won a convincing victory in its proxy battle with George Armoyan on Tuesday, but the activist investor insists he is not selling his shares and going away.

    Mr. Armoyan earned a round of applause at Sherritt’s annual meeting in Toronto after stating that the company has good potential and is making progress in realizing shareholder value. It was a subdued speech by his standards that cast aside the bad blood from the proxy fight.

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