A proxy fight refers to the act of a group of shareholders joining forces and attempting to gather enough shareholder proxy votes to win a corporate vote. Sometimes referred to as a "proxy battle,” this action is mainly used in corporate takeovers. In the process of a corporate takeover–p...
Disney (DIS) is set to hold its annual shareholder meeting on Wednesday, with market participants watching closely for updates on theproxy battlebetween the company andactivist investors, as well as possible details on its parks segment and its streaming strategy.1 Ahead of the...
Sometimes companies are at the mercy of what is called aproxy fightor proxy battle. This occurs when a group of shareholders band together so they will have enough power to win a vote. This is usually put in play in corporate takeovers.2 When a corporate takeover is particularly contentious...