Proxycontest, as a means of transference of corporate control, consists a key aspect on modern corporate control market.
代理权争夺，作为公司控制权的一种转移方式，是现代公司控制权市场上的一个重要内容。
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"Generally in situations like these, people will bump their offer to avoid the monetary and social cost of going through a proxycontest," he said.
“一般情况下喜欢这些，人们会碰到对方的出价，以避免货币与社会成本的经历一个代理权争夺，”他说。
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If a proxy vote could change control of a company (a proxycontest), all persons involved in the contest must register with the SEC as participants or face criminal penalties.