Borden Ladner Gervais LLP is pleased to release the ninth instalment in our M&A Building Blocks series, Defensive Tactics – Shareholder Rights Plans, authored by Jason Saltzman. This instalment in our series of building blocks discussing key facets of negotiating and completing an M&A deal, focuses on defensive tactics, and in particular, shareholder rights plans. Such plans may be adopted as a preventative measure when no transaction is pending or as a tactical measure in response to a hostile take-over bid.

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