proxy fight
A competition between a target company in a takeover bid and the acquiring company, in which both sides vie for Control over the target's proxy statements. The objective behind a proxy fight is that ultimately one side will cast a majority share of the votes when shareholders decide on an offer to buy the company. See Friendly Takeover; hostile takeover.
Browse by Subjects
proxy statement
proxy
See All Related Terms »

title
memorandum and articles of association
capital project
turn round
Confederation of Asian and Pacific Accountants