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词汇 proxy fight
释义

Definition of proxy fight in English:

proxy fight

noun
Business
  • A competitive struggle between two corporate factions for the proxy votes from shareholders needed to control a corporation.

    only a rival stockholder willing to engage in a proxy fight could unseat him
    Example sentencesExamples
    • Microsoft Corp. will approve a proxy fight in its bid to buy Yahoo Inc. this week.
    • In extreme cases shareholders can band together and try to oust current management in a proxy fight.
    • Icahn controlled almost 8 percent of the company's stock and was threatening a proxy fight to gain board seats.
    • The ads are a prelude to what's sure to be one of Asia's most contentious proxy fights.
    • Shareholder proxy fights are also gaining energy from this season of scandals.

Definition of proxy fight in US English:

proxy fight

noun
Business
  • A competitive struggle between two corporate factions for the proxy votes from shareholders needed to control a corporation.

    only a rival stockholder willing to engage in a proxy fight could unseat him
    Example sentencesExamples
    • Shareholder proxy fights are also gaining energy from this season of scandals.
    • Icahn controlled almost 8 percent of the company's stock and was threatening a proxy fight to gain board seats.
    • The ads are a prelude to what's sure to be one of Asia's most contentious proxy fights.
    • In extreme cases shareholders can band together and try to oust current management in a proxy fight.
    • Microsoft Corp. will approve a proxy fight in its bid to buy Yahoo Inc. this week.
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