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TSX publishes rule to implement 25 dilution threshold for public company acquisitions
- Fasken Martineau DuMoulin LLP
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- Canada
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- October 2 2009
In a departure from its previously proposed position on the subject, on September 25, 2009 the TSX announced that shareholder approval will be required in connection with public company acquisitions at a dilution threshold of 25 rather than 50 as was originally proposed
