1. Proxy Contest

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    1. Mentioned In 8 Articles

    2. Chancery Court Dismisses Complaint, Holding That Directors Were Not Conflicted in Approving a Merger Simply Due to the Threat of a Looming Proxy Contest

      Chancery Court Dismisses Complaint, Holding That Directors Were Not Conflicted in Approving a Merger Simply Due to the Threat of a Looming Proxy Contest
      InRudd v. Brown, et al, C.A. No. 2019-0775 MTZ (Del. Ch. Sept. 11, 2020), the Delaware Court of Chancery (the Court) dismissed the plaintiffs claim that the board members and the chief financial officer of Outerwall, Inc. (the Company) disloyally pursued and disclosed a two-step merger...
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    3. USA Technologies Board of Directors Issues Statement on Hudson Executive Capital’s Proxy Contest

      USA Technologies Board of Directors Issues Statement on Hudson Executive Capital’s Proxy Contest
      USA Technologies, Inc. (OTC:USAT) ("USAT" or the "Company"), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, today issued a statement in response to reports issued by Institutional Shareholder Services Inc. (ISS) and Glass, Lewis Co. ("Glass Lewis") regarding the Companys 2020 Annual Meeting...
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    4. Delaware Court of Chancery Holds that a Stockholder’s Disagreement with a Board’s Business Judgment and Intent to Pursue a Proxy Contest is Not a “Proper Purpose” for a Section 220 Demand

      Delaware Court of Chancery Holds that a Stockholder’s Disagreement with a Board’s Business Judgment and Intent to Pursue a Proxy Contest is Not a “Proper Purpose” for a Section 220 Demand
      ...tiffs strongly felt that the Anadarko transaction was a “bad deal.” The Court held that “pleading an imminent proxy contest is not enough to earn access to broad sets of books and records relating to the details of quest...
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  2. Quotes about Proxy Contest

    1. Activist investors do not invest in a company to immediately go hostile or start a proxy contest. Their hope is for a real, behind-the-scenes dialogue with receptive management and to only escalate the situation publicly if the company is unwilling to engage or consider recommended change.
      In Europe is the New Hunting Ground for US Investors
    2. As a result ... we believe that at least two of Casablanca's proposed nominees will be elected to the Cliffs board, assuming that Casablanca continues its proxy contest.
      In Cliffs sees two Casablanca nominees joining its board
    3. P&G's Board and management team thank P&G shareholders for their support, input and participation throughout the proxy contest.
      In BREAKING NEWS: P&G Says Shareholders Reject Peltz's Board Bid by Slim Margin, Activist Says Vote a Dead Heat