The Zilo Corp.has 1,000 shareholders and is preparing to elect three new board members.You do not own enough shares to control the elections but are determined to oust the current leadership.The most likely result of this situation is a:

Question

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As a minority shareholder, the most viable option for you to try to oust the current leadership is to launch a proxy fight for control of the firm. This would involve soliciting support from other shareholders to vote for your proposed board members instead of those put forward by the current leadership. While this can be a costly and time-consuming process, it is the most common way minority shareholders can try to influence the direction of the company. Other options such as negotiated or arbitrated settlements are unlikely as the current leadership is unlikely to be willing to give up control voluntarily.