PROXY FIGHT
(noun)
There is 1 meaning of the phrase
Proxy Fight.
Definitions
Proxy Fight - as a noun
A measure used by an acquirer to gain control of a takeover target; acquirer tries to persuade other shareholders that the management of the target should be replaced
Example Sentences
"The company is expected to face a proxy fight at its annual general meeting."
"Shareholders are gearing up for a potential proxy fight over the board's decision."
"Investors are increasingly using proxy fights to push for corporate governance changes."
"The activist investor launched a proxy fight to gain control of the company."
"The proxy fight ended with shareholders electing several new board members."