Identification
- Label (rdfs)
- Proxy Contest
- Preferred Label
- Shareholder Voting Contest
- Alternative Labels
- Proxy Battle, Proxy Fight, Proxy War
- Identifier
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Definition and Examples
- Definition
- A proxy contest is a struggle for control of a company where opposing factions of shareholders seek to gather enough proxy votes to win a corporate election or effect significant corporate decisions. This often occurs during annual meetings when shareholders vote on the election of directors or other major corporate issues.
- Examples
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- The 2008 proxy contest between activist investor Carl Icahn and Yahoo's board of directors.
- The 2009 proxy fight at Canadian Pacific Railway led by hedge fund Pershing Square Capital Management.
- The battle for control of Procter & Gamble in 2017, where Trian Fund Management sought to place its nominee on the board.
Translations
Class Relationships
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- Is Defined By
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- See Also
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Additional Information
- Comment
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- Description
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- Notes
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- Deprecated
- False
Metadata
- History Note
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- Editorial Note
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- In Scheme
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- Source
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