proxy fight

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Related to Proxy battle: Proxy contest
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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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References in periodicals archive ?
But due to the determination of the management which avoided a proxy battle last summer and the support of some major investors, the situation has improved.
Spending for the department, which oversees the nation's borders, expires Friday at midnight - held hostage in a proxy battle over President Barack Obama's recent executive actions sparing millions of immigrants in this country illegally from deportation.
There's more--oh, so much more--to the memoir, including juicy bits about a fierce proxy battle with Acxiom's largest institutional shareholder, ValueAct Capital Partners of San Francisco, and ValueAct's managing partner, Jeff Ubben.
The fight became a proxy battle between Texans for Lawsuit Reform and the Texas Trial Lawyers Association, and later resulted in top trial lawyer and Democratic donor Steve Mostyn pouring money into an unsuccessful attempt to defeat Taylor's bid for Senate in 2012.
Many see the Apple/Sam-sung war as a proxy battle between Google and Apple, whose founder Steve Jobs once threatened "thermonuclear war" on Google.
Saudi Arabia is one of the main backers of the uprising against Syrian President Bashar al-Assad in a civil war increasingly seen as a proxy battle between it and regional rival Iran, a close ally of the regime.
CHIEF minister Naveen Patnaik is engaged in a proxy battle with former Union minister and BJP candidate Dilip Ray in all- important Rourkela Assembly constituency, which has become a prestige issue for the ruling Biju Janata Dal ( BJD).
Sotheby's said in an announcement last week that it has engaged in extensive discussions with Third Point over the past months in an effort to reach a resolution that would avoid a proxy battle.
The two key US allies, battling renewed tensions dating from imperial Japan, fought a proxy battle over the textbook change, with their respective ambassadors visiting the Southern state's capital Richmond repeatedly.
The new law does--at the request of the Secretary of State's office--give dissenters more of an opportunity to get lists of fellow shareholders so they would be able to contact them, a key point in many a proxy battle.
There is only one and that was paid just before the Company's AGM as a precaution that either Savitr or Brookfield, if successful, in either the proxy battle or subsequent hostile bid, would not honor any of the employees' pre-established change of control payments.
Al-Maliki said that the conflict in Syria has become a proxy battle between regional and international forces, stressing that the armed opposition is unable to topple the government, but if interference continues and political solutions aren't thought, then bombings and violence will continue.