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When a group of shareholders in Big Fish Inc. was unhappy about the company's current management...

When a group of shareholders in Big Fish Inc. was unhappy about the company's current management team, they invoke a      to solicit votes from other shareholders so as to overthrow the current management team.

Question 9 options:

Margin call.

Greenmail.

Proxy contest.

Tender offer.

Circular bid.
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Answer #1

They invoke a Proxy Contest to solicit votes from other shareholders so as to overthrow the current management team.

Proxy contest is where bunch of shareholders group together to vote out the current managment or oppose the vote.

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