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Pulp, Paper and Proxies…Recent Developments Concerning the Validity of Support Agreements in M&A Transactions

August-29-2001

Area Corporate Finance and Securities

Summary


The recent battle between Pacifica Papers Inc. and its largest shareholder in the context of the merger of Pacifica and Norske Skog Canada Limited has resulted in some interesting and cautionary jurisprudence concerning the validity and effect of support (or lock-up) agreements in the context of public M&A transactions.


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