Proxy contest

A battle for the control of a firm in which the dissident group seeks, from the firm's other shareholders, the right to vote those shareholder's shares in favor of the dissident group's slate of directors. Also called proxy fight. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • proxy contest — n: a shareholder s challenge to an action or the control of corporate management accomplished through the solicitation of proxies from other shareholders – called also proxy fight; Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. proxy …   Law dictionary

  • proxy contest — 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 dissident group s slate of directors. Bloomberg Financial Dictionary Also called… …   Financial and business terms

  • proxy fight — + proxy contest/proxy fight USA A tactic used by a party attempting a hostile takeover or a dissident group of stockholders to replace a company s existing board of directors with new directors that support the potential acquirer s or dissident… …   Law dictionary

  • proxy fight — 1) Often used in risk arbitrage. Technique used by an acquiring company to attempt to gain control of a takeover target. The acquirer tries to persuade the shareholders of the target company that the present management of the firm should be… …   Financial and business terms

  • proxy fight — a contest between factions of stockholders in a company, in which each group attempts to gain control by soliciting signed proxy statements for sufficient votes. Also called proxy battle. * * * …   Universalium

  • proxy fight — 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 • Hypernyms: ↑takeover attempt * * * a contest between factions of… …   Useful english dictionary

  • Eurovision Song Contest 1956 — Infobox Eurovision name = Eurovision Song Contest 1956 final = 24 May 1956 presenters = Lohengrin Filipello conductor = Fernando Paggi host = flagicon|Switzerland SSR venue = Teatro Kursaal, Lugano, Switzerland winner = flag|Switzerland Refrain… …   Wikipedia

  • Carl Icahn — Born February 16, 1936 (1936 02 16) (age 75) Queens, New York City, New York, U.S. Ethnicity Jewish Alma mater Princeton University …   Wikipedia

  • Anthony Schmidt — Infobox Person name = Anthony Schmidt caption = birth date = birth date and age|1936|2|16 birth place = Queens, New York, U.S. death date = death place = occupation = Businessman: Financier Racehorse ownerAnthony Celian Schmidt (born February 16 …   Wikipedia

  • Борьба доверенностей — борьба за контроль над фирмой, в ходе которой группа обособившихся акционеров добивается права голосовать своими акциями в пользу отдельного списка директоров. По английски: Proxy contest Синонимы английские: Proxy fight См. также: Общее собрание …   Финансовый словарь

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