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Acquiror-Side Shareholder Approval Arrives in Canada

December-3-2009

Lawyer Neill May
Area Mergers and Acquisitions

Summary

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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