Answer:
Proxy Fight
Explanation:
Proxy fight refers to that scenario wherein a group of shareholders coming together so as to gain more shareholder proxies and thus gain majority of the votes.
In such cases, outsiders convince the existing shareholders of a corporation to vote against the management and thus collectively lead to it's replacement.
This represents one of the common means of corporate takeover.
Disgruntled shareholders may unite against a management decision or any sort of oppressive policies by such means, usurp the existing management and appoint their own preferred candidates as their replacement.
