Stay informed on the latest business and legal insights and events.
Barry Reiter on Hostile Corporate Takeovers
November 30, 2011
In the Globe and Mail article, "OSC Looks to Rewrite Rule Book on Poison Pills," writer Jeff Gray discusses hostile corporate takeovers and two significant policy changes being considered by the Ontario Securities Commission in light of recent high-profile cases. Barry Reiter comments that the possibility of a "just say no" takeover defence is a positive move, but what he would like to see is a full U.S.-style system, which allows boards of directors to run companies as they see fit.