A proxy fight refers to:
A) the acquisition of a public company whose shares are listed on a stock exchange with proxy buying.
B) the conflict of interest between the members who are delegated with proxy voting power and the original owners.
C) an anti-takeover arrangement in which the target company will sell significantly discounted stock to a friendly third party.
D) organizing shareholders setting out to oust the incumbent board of directors by electing a new board.
Correct Answer:
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