February 26, 2016 - CCGG's Executive Director Stephen Erlichman was quoted in the Globe and Mail relating to the 105
day bid period and poison pills under the CSA's new takeover bid rules.
Not exact matches
Since there's now a minimum
bid period of 105
days, takeover timelines are more likely to overlap with the AGM.
Trump spent about $ 1 million more than Rubio by the end of the filing
period that included March, but if you look at spending by both campaigns over individual
days, Rubio's campaign spent almost $ 4 million more than Trump before the Florida senator dropped his
bid.
In the same
period, she pulled in $ 1,725 from people connected with the Hamilton Campaign Network, which is running her reelection
bid — with most of those coming Aug. 28, the final
day of the last contribution cycle before the primary election.
If we can not confirm your intention to buy within this 24 hour
period, or the sale is not completed within 5
days, we reserve the right to relist this vehicle or sell to any other qualified buyer.In order to secure
bid on vehicle, Successful bidder (BUYER) must within 24 hours of
bid closing send to Seller a Deposit in the amount of 10 % or $ 500 (whichever is greater) by major credit card, PayPal, cash in person or bank certified funds.
In a
bid to increase accuracy, medical debts won't be reported until after a 180 -
day waiting
period to allow time for insurance payments to be applied.
During the first 10
days that a HUD home is on the market, only owner - occupants are permitted to
bid; investors can take their shot once that
period has elapsed if no would - be residents have
bid successfully.
During the first 10
days that a HUD home is listed for sale, only owner - occupants are permitted to place
bids; if a successful
bid is not accepted by the time the initial priority
period has elapsed,
bidding is opened to investors as well.
A central element of the rule changes was to extend the old 35 -
day minimum
bid period to 105
days, longer than regulators had historically tended to permit poison pills to endure.
Aurora also sought an order shortening the 105 -
day minimum
period for its
bid to 35 (so that it would expire at about the same time as the shareholder votes on the Newstrike deal).
Aurora argued that the Newstrike deal was effectively similar to an «alternative transaction» (an acquisition transaction that is not a
bid and which can, therefore, be completed more quickly), which allows a bidder to use a 35 -
day period.
«The defence tactic a board used was to put in a rights plan and effectively that would extend the
bid period from 35
days to 45 or 60
days.
• Remain open for a minimum deposit
period of 120
days, unless the target board states in a news release an acceptable shorter deposit
period of not less than 35
days, in which case the shorter
period would apply to all concurrent takeover
bids.
He says 90
days should be sufficient and says a slightly longer
period may actually prove to see better
bids, as opposed to low - ball offers.
Other than that make sure you have your
bid ready to go for the first
day of the investor
period, assuming it gets to that point and an owner occ doesn't scoop it up.
(3) When the
bidding period changes to a daily
bid, I submit a
bid as quickly as I can and if possible on the same
day that the
bidding period becomes a daily
period.
I've been trying to pick up a fanne mae reo and have lost the last 2 houses I made offers on to owner occupier
bids, 4 more my offer was never was looked at since it was outside the 15
day first look
period.
In a
bid to increase accuracy, medical debts won't be reported until after a 180 -
day waiting
period to allow time for insurance payments to be applied.
Known as «initial marketing
periods,» these three - to seven -
day bidding moratoriums were designed to give bank - owned listings better exposure to a broader range of potential buyers.