Shareholder vote hunt (proxy fight)
The search for shareholders and proxies to persuade them to vote in unison at a corporation’s annual meeting. This sometimes occurs when a group of shareholders wishes to object to individual presentations by the board of directors (proxy fight may occur if some of the shareholders oppose the corporation’s management). In most recent cases, however, the bidders approached the shareholders of the target company in order to win them over for the takeover (proxy fights in recent years occurred mainly in connection with hostile takeovers. In this case the acquiring company attempts to persuade existing shareholders to vote out company management and install new management that is open to the takeover). – See share swap takeover, sneak up, asset sales deal, bidder, blitzkrieg takeover bid, buy out, acquisition offer, suitor, poison pill, greenmail, hand money, material adverse change clauses, mandatory offer, radar surveillance, raider, knight, white, spin-off, squeeze-out, voting rights database, synergy potential, trade sale, transaction bonus, takeover, hostile, takeover announcement, takeover appeal, surprise attack.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/