UPDATE 2-Ariad Pharma CEO Berger to retire in deal with top investor

April 29, 2015 7:35 PM

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April 29 (Reuters) - Ariad Pharmaceuticals Inc said Chief Executive Harvey Berger would retire as part of a deal to settle a proxy battle with its largest shareholder Sarissa Capital Management.

Berger said the company is open to strategic alternatives, according to a tweet by Bloomberg. (bit.ly/1ze71So)

Also read: Warren Buffett to Retire From Kraft Heinz Board

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