what is a proxy fight 
a proxy fight refers to the act of a group of shareholders joining forces and attempting to gather enough shareholder proxy votes to win a corporate vote sometimes referred to as a proxy battle this action is mainly used in corporate takeovers in the process of a corporate takeover particularly a hostile takeover outside acquirers may attempt to convince existing shareholders to vote out some or all of a company s senior management to make it easier to seize control over the organization 