Proxy Contests in Canada: What U.S. Investors Need to Know
|Lawyer||Jonathan Feldman, Michael Partridge|
|Area||Corporate Finance and Securities|
Article originally published in 13D Monitor's The Activist Report, July 2015
Excerpt from "Proxy Contests in Canada: What U.S. Investors Need to Know":
In April 2015, FrontFour Capital Group LLC announced its intention to nominate three new directors for election at the 2015 annual general meeting of Legacy Oil + Gas Inc., an intermediate oil and gas producer based in Calgary, Alberta and listed on the Toronto Stock Exchange. On May 26, 2015, Legacy agreed to be acquired by Crescent Point Energy Corp. at a price that represented a 36% premium over Legacy’s stock price before FrontFour’s announcement.