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Blog Post | Timely Disclosure

New Take-Over Bid Rules Seek to Level the Playing Field … But Will Bidders Still Play?

Fasken
Reading Time 1 minute read
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On March 31, 2015, the Canadian Securities Administrators issued their highly anticipated proposal to make the most significant changes to the Canadian take-over bid regime in years, one of the stated goals of which is to “rebalance the current dynamics” between bidders, boards and shareholders. The three principal changes would (i) mandate a 50% minimum... Continue Reading

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