A strategy that may accompany a hostile takeover. A proxy contest 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. also called proxy fight.
Related information about proxy contest:
- Proxy fight - Wikipedia, the free encyclopedia
A proxy fight or proxy battle is an event that may occur when a corporation's stockholders develop opposition to some aspect of the corporate governance, often ...
- What is proxy contest? definition and meaning
Definition of proxy contest: A strategy that may accompany a hostile takeover. A proxy contest occurs when the acquiring company attempts to convince ...
- Proxy Contest - Financial Dictionary - The Free Dictionary
A battle for the control of a firm in which a dissident group seeks, from the firm's other shareholders, the right to vote those shareholders' shares in favor of the ...
- Proxy Contest
This article discusses the strategy behind the initiation of a proxy contest or fight, and the steps involved during a proxy fight, including the proxy vote.
- No Holds Barred: The Proxy Contest - Haynes and Boone, LLP
Oct 24, 2011 ... You're the general counsel of a public company and you find out that one of your company's stockholders intends to wage a proxy contest.
- Revisiting the Proxy Contest - NYTimes.com
Mar 2, 2009 ... It is now proxy season, so expect hostile activity to increase as bidders time their hostiles to include the potential pressure of a proxy contest.
- Proxy Contests - Wilson Sonsini Goodrich & Rosati
Nov 3, 2010 ... need to understand the dynamics of the proxy contest process, risk mitigation strategies and ... A proxy contest is a campaign to solicit votes (or ...
- AOL Wins Proxy Contest - The Wall Street Journal
Jun 14, 2012 ... AOL won a proxy fight against activist investor Starboard Value, which failed to win any board seats, according to the preliminary count.