English version

proxy fight

From Longman Business Dictionaryproxy fightˈproxy ˌfight noun [countable]FINANCE a method used by a company when it is trying to get control of another one in a TAKEOVER. It involves persuading people owning shares in the TARGET COMPANY (=company which the takeover attempt is aimed at) to vote for new members of the board who approve of the takeoverIf they reject the offer, we’ll have no hesitation in launching a proxy fight.
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