The track record for proxy fights suggests they are:
A) usually successful in forcing out management.
B) successful only when accompanied by a tender offer.
C) rarely effective in taking over management.
D) the first step in a hostile takeover.

Question

Quizplus · Accepted Answer

Proxy fights are rarely effective in taking over management, as they often result in a stalemate or compromise rather than a complete ousting of current management.

The Track Record for Proxy Fights Suggests They Are