Sentences with phrase «minimum bid period»

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.

Securities regulators made the right move this year when they extended the minimum bid period for takeover bids in Canada, says a new C.D. Howe Institute report.

Since there's now a minimum bid period of 105 days, takeover timelines are more likely to overlap with the AGM.

Not exact matches

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).

• 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.

The seller of the real estate may specify Auction Plus parameters including minimum bid, minimum earnest money deposit and maximum length of the due diligence period.