# Proxy Contest

**IRI:** https://folio.openlegalstandard.org/RBikyfQNNKcwKiRGoUIg82E

## Labels

**Preferred Label:** Shareholder Voting Contest

**Alternative Labels:**

- Proxy Battle
- Proxy Fight
- Proxy War

## 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

- 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.

## Sub Class Of

- https://folio.openlegalstandard.org/R89lVNu8g1yMPFfyEkk8npj

## See Also

- https://folio.openlegalstandard.org/R7wsLtBraH6Dx1GyHgB0h0x
- https://folio.openlegalstandard.org/RB7pLfw7zqXtd20kKg7EcOA
- https://folio.openlegalstandard.org/RBQaOyQUSSy8yZFZ5oy01vX
- https://folio.openlegalstandard.org/RBYHspF2cClL6YzpLgQJNTG

**Deprecated:** False