Sentences with phrase «takeover bid defensive»
Submission to the CSA and to the AMF re: Proposed National Instrument 62 - 105 Security Holder Rights Plans and re: Takeover Bid Defensive Tactics
https://www.ccgg.ca/ Not exact matches
The transaction started out as a hostile takeover bid, with Aurora entering into a lock - up agreement with four major CanniMed shareholders.CanniMed's management retaliated by adopting a tactical shareholder rights plan, which was in turn challenged in court (and ultimately stuck down as an improper defensive tactic).