The Litigator

THE LITIGATOR

Commentary on Law Affecting Business

The Litigator
AGM :: Affleck Greene McMurtry LLP

THE LITIGATOR

Affleck Greene McMurtry LLP
365 Bay Street, Suite 200  ·  Toronto, Canada
416 360 2800  ·  info@agmlawyers.com  ·  www.thelitigator.ca

Pre-Merger Notification Threshold Increased to $82 Million

The Competition Bureau announced on January 20, 2014, that the pre-merger notification size threshold will increase to $82 million, effective immediately following the publication of the Canada Gazette, which is anticipated to occur on January 25, 2014. The party size threshold remains set at $400 million.

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

1.The transaction relates to an operating business in Canada;

2.The target firm 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.

Yonatan Lipetz (Former Articling Student)
Affleck Greene McMurtry LLP

Yonatan Lipetz (Former Articling Student)

Yonatan Lipetz formerly an Articling Student with Affleck Greene McMurtry LLP

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