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Stephen Halperin quoted in "Poison pill creator notes differences in Canada-U.S. style; 'Serious vacuum' in the rules surrounding takeovers in Canada", Financial Post

October-9-2013

Lawyer Stephen Halperin
Area Corporate Finance and Securities

Details

Excerpt from "Poison pill creator notes differences in Canada-U.S. style; 'Serious vacuum' in the rules surrounding takeovers in Canada", by Barbara Shecter:

Stephen Halperin, a partner at Toronto-based law firm Goodmans LLP who specializes in mergers and acquisitions, said a premium on the share price alone should not be enough to drive a takeover.  Boards of directors in Canada should use the power they have been given to determine whether a bid for a company should go forward, he said.

"Where is it written that shareholders have the right to force a company to sell itself ?" Mr. Halperin said.

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