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proxy fight

   Also found in: Financial, Wikipedia 0.01 sec.
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Noun1.proxy fight - 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
takeover attempt - an attempt to take control of a corporation


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lt;p>Icahn joined the board last year after threatening to launch a proxy fight to replace the entire board and remove Yang as CEO.
1 billion health-care and plumbing provider Chemed, the subject of a proxy fight this year, worries that some shareholders' nominees may have a short-term perspective.
Aderans holds stockholders meeting, in proxy fight with Steel Partners TOKYO - Japanese wigmaker Aderans Holdings Co.
 
 
 
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