In a ________,someone wishing to replace the board with his or her own candidates must acquire a sufficient number of shareholder votes to do so.

Question

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This scenario describes a proxy contest, which is a battle for control of a company in which an individual or group seeks to persuade shareholders to vote for their proposed slate of directors. They do this by soliciting proxies, or the right to vote on behalf of shareholders, in order to replace the existing board with their own candidates. Shareholder contests and governance conflicts may also be related, but do not specifically refer to the process of acquiring shareholder votes to replace the board. Director conflict is a more general term that could refer to any conflict between members of a company's board of directors.

In a ________,Someone Wishing to Replace the Board with His