Proxy Contests

Timely and targeted communication with shareholders becomes more vital than ever for public companies facing proxy contests instigated by activist investors trying to gain greater control in the board room.  Typical contests involve rapid-fire distribution of news releases, open letters, fact sheets, presentations and other materials as both sides vie for the support of shareholders and proxy advisory services.  Dix & Eaton has provided strategic message counseling and support for clients and legal teams in proxy contests as well as others where negotiations stopped short of an actual proxy battle.