This was attempted by a proxy fight.
Then, the favored attack of a raider was stock acquisition followed by a proxy contest.
Since the advent of a poison pill, an effective hostile bid is typically accompanied by a proxy contest to unseat the target's directors and remove the pill.
[D1.] El Paso Appoints Interim Chief The El Paso Corporation appointed Ronald L. Kuehn Jr., a director, to be interim chief executive after the search to replace William A. Wise was disrupted by a proxy fight.
The El Paso Corporation, the owner of natural gas pipelines, today appointed Ronald L. Kuehn Jr., a director, to be interim chief executive after the search to replace William A. Wise was disrupted by a proxy fight.
A history that is not sanitised or sugar-coated; and one written by a proxy black man, namely a white man who in his own apologia aimed to "think black".
As I argued in my October 12, 2018 comment letter to the SEC, the most precise voting recommendations are not provided by a proxy advisor but by the board of directors.
Arlington Asset Management was targeted earlier this year by a proxy contest launched by a short-term, de minimis shareholder, Clinton Group, and Imation to replace a majority of the Board.
To be clear, the Board's fiduciary duties remain the same; it is merely that the type of information and the level of detail required to be disclosed may differ based upon what actions are solicited by a proxy.
