Acquiror-Side Shareholder Approval Arrives in Canada
|Area||Mergers and Acquisitions|
Article originally published in International Corporate Governance 2009 - Digital Guide
Excerpt from "Acquiror-Side Shareholder Approval Arrives in Canada":
The announcement by the Toronto Stock Exchange (TSX) that a listed issuer will require the approval of its shareholders in order to acquire other publicly-held issuers in certain circumstances is the latest, and possibly last, chapter in a long debate on the topic in Canada.
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