Alex Moore, a partner at Davies, commented on the proposed new rules on takeover bids that the Canadian Securities Administrators recently announced.
He says, "This will change the strategic considerations that a bidder will have to go through when deciding how to approach a target company."
Read the article, which discusses the implications of the CSA proposal and provides examples of high-profile hostile takeover bids that would have unfolded very differently under the proposed new rules.
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