The Litigator
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The Litigator
AGM :: Affleck Greene McMurtry LLP
Affleck Greene McMurtry LLP
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Pre-merger notification threshold increased to $80 million

The Competition Bureau announced on February 8, 2013, that the pre-merger notification size threshold will increase to $80 million, effective January 12, 2013. The party size threshold remains set at $400 million.

Generally, the Bureau must be notified of a proposed merger before closing where:

1.The relates to an operating business in Canada;

2.The target has assets in Canada or revenues from sales in or from Canada of more than $80 million; and

3.The parties collectively, including their affiliates, have assets in Canada of more than $400 million or revenues from sales in, from, or into Canada, of more than $400 million.

Masiel A. Matus
Affleck Greene McMurtry LLP

Masiel A. Matus

Masiel has a broad practice and represents both national and clients in a variety of complex matters. Masiel has experience litigating cases involving professional negligence, commercial leasing and real property disputes, insurance, disputes, shareholder disputes, , breach of fiduciary duty, breach of trust, employment matters and defamation claims.

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