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Proxy fight

Definition: [crh] 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 tarDefinition: get company that the present management of the firm should be ousted n favor of a slate of directors favorable to the acquirer, thus enaDefinition: bling the acquiring company to gain control of the company without paying a premium price. Definition: [crh] Competition of outside group with management for stockholders' proxies in order to accumulate votes to elect a new board of directors.

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