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He fought a costly but entertaining proxy contest to oust the entire Yahoo!
FORBES: After Quitting on Icahn, why is Keith Meister still on the Motorola Mobility Board?
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Thursday they went even further in an effort to avoid defeat in a proxy contest set to reach its climax.
FORBES: Move up http://i.forbesimg.com t Move down
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Advisers for the Elliott side believed that they would have prevailed in their proxy contest and won all five board seats.
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The stock ran up 70% in the three weeks prior to the United Group announcing its proxy contest and has since held steady.
FORBES: Iron Wills
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Hess had already rejected Elliott's nominees and says it believes that the ISS report on the proxy contest is flawed and doesn't address key issues.
WSJ: Hess to split roles of CEO and chairman
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In July Todd launched a proxy contest for control of Birmingham.
FORBES: Iron Wills
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Regardless of that answer, in any proxy contest, like SandRidge and Dell, the endorsement of proxy voting services such as ISS or Glass Lewis is critical.
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They position activist investors to assert control by demanding board seats, marshalling shareholder support for reforms, and launching or threatening a proxy contest before management can catch its breath.
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There is no way that a 37 year old Harvard grad would be on the Motorola board unless Icahn had fought a proxy contest to get him on (along with Bill Hambrecht in a 2008 agreement).
FORBES: After Quitting on Icahn, why is Keith Meister still on the Motorola Mobility Board?
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Meanwhile, the company lowered its full-year earnings guidance range by 25 cents per share, citing significant legal costs incurred in the first quarter as well as anticipated future legal costs, including those in connection with a proxy contest.
FORBES: Magazine Article
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As in the case of the contest between Hizbullah and the Siniora government in Lebanon, so in the PA, the US, Israel and the West in general have decided to support Fatah in its contest against the Iranian and Syrian proxy Hamas.
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