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Takeover Bid Offer to Purchase Securities | Canada
Make a takeover bid offer to purchase the securities of a publicly owned Canadian corporation with this customizable template.
- The purchaser reserves the right not to proceed if the offer is not accepted by sufficient security holders to represent a majority of the common shares of the corporation.
- The purchaser is not obligated to proceed if any undisclosed action results in a material change to the corporation.
- The terms of the takeover offer are for cash.
- If the purchaser acquires at least 90% of the outstanding securities, it will use any available statutory right of acquisition to acquire the remainder.
- Alternatively, it will propose an amalgamation or merger of the corporation with one of its affiliates, with the end result being that the corporation would no longer have any publicly held shares or securities convertible into shares.
- This legal form template is available in MS Word format and is fully editable to meet your needs.
- Intended for use only in Canada.
$29.99
Takeover Bid Offering Circular | Canada
An Offering Circular must be distributed to the shareholders and security holders of any Canadian corporation which is the target of a takeover bid.
- The Circular contains information required by the shareholders, such as:
- history of the offeror and a description of its business,
- the purpose of the offering and the offeror's plans following the purchase,
- beneficial ownership and trading of the offeror's securities,
- securities subject to the offering,
- effects of the offer on the market for the corporation's securities,
- source of the offeror's funds for the purchase,
- income tax considerations,
- Competition Act legislation,
- statutory rights of offerees.
- Available in MS Word format and fully editable.
- Intended for use only in Canada.
$29.99