Meaning PROXY FIGHT: Often used in risk arbitrage. Technique used by an acquiring company to attempt to gain control of a takeover target. The acquirer tries to persuade the shareholders of the target company that the present management of the firm should be ousted in favor of a slate of directors favorable to the acquirer, thus enabling the acquiring company to gain control of the company without paying a premium price
More terms such as Proxy fight in Dictionary P.
- Definition Participation Loan:
- Examples A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender proxy fight definition.
- Definition Progressive Tax System:
- Examples A tax system providing that the average tax rate increases for some increases in income, but never decreases with an increase in income proxy fight explain.
- Definition Prior-Preferred Stock:
- Examples Preferred stock that has a higher claim on all dividends and assets in liquidation than claims of other preferred stock proxy fight what is.
- Definition Prerefunded Bond:
- Examples Refunded bond proxy fight meaning.
- Definition Public Offering Price:
- Examples The price of a new issue of securities at the time that the issue is offered to the public proxy fight abbreviation.
