Jan. 10, 2024 - What is a spurned seller’s recourse when a buyer walks away from a deal in breach of the purchase agreement? In private M&A, the answer is reasonably straightforward: sue the buyer to close the deal or to recover damages. In public M&A, however, the answer is murky at best. The problem arises...
Announcement
2015 Canadian Public Target M&A Deal Points Study Published by ABA
The Market Trends Subcommittee of the American Bar Association’s Mergers and Acquisitions Committee has published its second Canadian Public Target M&A Deal Points Study. Five Davies lawyers participated in the project: Cameron Rusaw led the project as project chair, and Elliot Greenstone, Adam Heller, Peter Hong and Neil Kravitz were part of the working group.
The 122-page study is modelled closely after the annual U.S. public target studies and includes comparisons of Canadian statistics with the U.S. statistics on various deal points. The Canadian study also includes several points not included in the last Canadian study or in the U.S. studies.
In addition to the Canadian Public Target Deal Points Study, the ABA Market Trends Subcommittee produces a variety of annual M&A deal point studies, including the US Private Target Deal Points Study, the US Strategic Buyer/Public Target Deal Points Study, the Canadian Private Target Deal Points Study and the Continental Europe Private Target Deal Points Study. These studies have become essential tools for M&A professionals and dealmakers and others interested in “what’s market” for critical legal deal points in M&A.
The 2015 Canadian Public Target M&A Deal Points Study is available to ABA members on the ABA M&A Committee website.
Related
As the Pandemic Abates, Activists Advance: Shareholder Activism Rebounds in Canada
Oct. 20, 2023 - Canadian shareholder activism continued its post-pandemic resurgence into the first half of 2023. Emerging trends include the “activist swarm,” where multiple—yet uncoordinated—activists converge on a single target with competing demands. Activism has also been on the rise in response to M&A...
