What is the meaning of Proxy fight?

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 ousted n favor of a slate of directors favorable to the acquirer, thus enabling the acquiring company to gain control of the company without paying a premium price.

3
 
|15 years ago|378 views|share |citing 
APABarry Goldsmith. (2010). proxy fight. Retrieved September 24, 2026, from http://smartdefine.org/proxy_fight/definitions/1161418
ChicagoBarry Goldsmith. 2010. "proxy fight" http://smartdefine.org/proxy_fight/definitions/1161418 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, proxy fight, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/proxy_fight/definitions/1161418>.
MLABarry Goldsmith. "proxy fight" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/proxy_fight/definitions/1161418>
{ class="autoclick" }next definition (/)