proxy fight


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Related to proxy fight: preemptive right, poison pill, tender offer
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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 ?
In suspending his challenge, he said that a proxy fight could cost shareholders as much as $1 million.
My commitment to this Company and to YOU, my fellow stockholders, has only strengthened throughout this proxy fight.
GM said it had reached a deal with an investor group that averts a proxy fight over its balance sheet and governance.
The founder could shake up the company's board of directors and may consider options, including a proxy fight or joining a private equity firm in a buyout.
In 2012, he was appointed as CEO, following the bitter proxy fight headed by activist investor Bill Ackman s hedge fund, Pershing Square Capital Management.
Management beat a proxy fight mounted by Starboard Value Management in early May in part by promising the special dividend.
was forced to resign after an uprising of the membership and a board seat proxy fight.
Activist investor Carl Icahn has agreed to abandon his threatened proxy fight at Biogen Idec Inc.
Aderans holds stockholders meeting, in proxy fight with Steel Partners
shareholders re-elected the four directors installed last year to avoid a proxy fight with activist investors at its annual shareholders' meeting on May 16.
The company settled a proxy fight with Firebrand Partners and Harbinger Capital Partners in March after adding two of the investors' nominees to its board.
will be added to the company's slate of Class A candidates nominated for the board, while the dissidents have agreed to "cease their efforts" to wage a proxy fight and attempt to seat four directors and to vote their shares in favor of The Times Co.