proxy fight

Definition
A strategy that may accompany a hostile takeover. A proxy fight occurs when the acquiring company attempts to convince shareholders to use their proxy votes to install new management that is open to the takeover. The technique allows the acquired to avoid paying a premium for the target.




proxy fight is ...
... part of the
Mergers & Acquisitions subject.


Related Terms

proxy contest -  More


proxy fight appears in the definitions of these other terms on BusinessDictionary.com

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