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proxy fight

noun
1.
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.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for proxy fight
  • There was a heated proxy fight, and the whole thing blew up in smoke.
  • Which may be a reason to launch a proxy fight, or it may be a reason for couples therapy.
  • Deep-pocketed financier who made his reputation as a corporate raider wages proxy fight.
  • Elections without a proxy fight can only be accomplished with equal access to the proxy.
  • These divergent views led to many heated communications, threats, and a proxy fight.
  • Some persons have questioned whether fund directors have the authority to participate in a proxy fight with a fund's adviser.
  • Other than a proxy fight, there is no other way for shareholders to express their dissatisfaction with the board of directors.

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