What is PROXY FIGHT?

A takeover fight whereby two parties are trying to overtake the current organisation or control of a company by encouraging other members to back there particular takeover bid. It is usuallyaimed at other members who are dissatisfied with the current controlling body.

More On This Topic



Link to This Definition
Did you find this definition of PROXY FIGHT helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary