Canada:
Canada Cuts Back Its Activist Fund Restrictions - The Deal Pipeline
17 November 2014
Davies Ward Phillips & Vineberg
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Davies partner Alex Moore is quoted in the article
"Canada cuts back its activist fund restrictions" in a
recent edition of The Deal Pipeline.
The article describes reaction to the Canadian Securities
Administrators' decision to substantially pare back new
disclosure requirements for activists seeking to solicit proxies.
The new CSA rule will require investors intending to solicit
proxies to disclose their stakes as soon as they cross a 10%
threshold.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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