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
How To Use proxy fight In A Sentence
- Part of the reason the antimanagement publicity proxy fights tend to create. High-Impact Activism
- The Google accord may make Yang more vulnerable in a proxy fight against billionaire investor Carl Icahn, who says Yang botched the Microsoft negotiations.
- Such a move would satisfy activist investor Carl Icahn, who this year ran an unsuccessful proxy fight to gain a board seat.
- In truth, the SEC's plan will force corporations to fend off a costly plague of frivolous proxy fights just as they fend off frivolous lawsuits.
- Angry shareholders are investigating brokerage fraud, waging proxy fights, and agitating for securities reform
- Or, since the class B voting shares are publicly (though thinly) traded, someone could mount an old-fashioned proxy fight to reform the board.
