The Zilo Corp. has 1,000 shareholders and is preparing to elect three new board members....
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Finance
The Zilo Corp. has 1,000 shareholders and is preparing to elect three new board members. You do not own enough shares to control the elections but are determined to oust the current leadership. The most likely result of this situation is a:
a.
Total loss of power for you since you are a minority shareholder.
b.
Legal battle for control of the firm based on your discontent as an individual shareholder.
c.
Proxy fight for control of the firm.
d.
Negotiated settlement where you are granted control over one of the three open positions.
e.
Arbitrated settlement whereby you are granted control over one of the three open positions.
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