An attempt to gain control of a firm by soliciting a sufficient number of equityholder votes to replace the current board of directors is called a:

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A tender offer is an offer to purchase shares of a company's stock at a premium price, often as a means of initiating a takeover. A going-private transaction is when a public company becomes a privately held company, usually through a buyout by a private equity firm. A leveraged buyout involves using mostly debt to acquire a company, with the acquired company's assets often used as collateral. Consolidation is the merging of two or more companies. A proxy contest involves soliciting enough votes from a company's shareholders to replace the current board of directors, typically as a means of gaining control of the company. Therefore, the correct choice is B, proxy contest.

An Attempt to Gain Control of a Firm by Soliciting