Which of the following defines a proxy contest?
A) an instance of proxies being awarded to the shareholder with the highest bid
B) an event in which insurgent shareholders and incumbent directors solicit proxies from other shareholders
C) an event in which proxies are chosen by voting between different factions of shareholders
D) an event in which a corporation seeks affirmative majority from its shareholders in the event of a hostile tender
Correct Answer:
Verified
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