Jan. 26, 2024 - Important guidance on “acting jointly or in concert” in a proxy contest was provided by the British Columbia Securities Commission (Commission) in NorthWest Copper Corp. (December 22, 2023). The Commission declined to find a joint actor relationship between a dissident and another...
In the News
Activist Investors Battling in the Public Arena
Davies partner Patricia Olasker appeared on Business News Network’s (BNN’s) program The Close to share her perspective on recent instances of shareholder activism.
During her segment, Patricia discussed:
- factors that drive activist shareholders
- ways to discern whether shareholder activism can turn into long-term investor value
- why recent events do not represent an increase in activism, but rather “a number of situations boiling over into the public arena”
- the difficulties activists face in the Canadian marketplace
Watch Patricia’s interview.
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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...
