Sun Media Assets Sold to Postmedia Following A Five-Month Review
Postmedia’s proposed acquisition of Sun Media’s English-language media assets was recently approved by the Competition Bureau. The $316-million deal was first announced in October 2014, which involved the acquisition of Sun Media’s 175 newspapers and digital publications, including the popular Sun tabloid newspapers in cities such as Toronto, Vancouver, Ottawa and Calgary. After a lengthy 5-month merger review, the Bureau issued a No Action Letter on the basis that the transaction is unlikely to substantially lessen or prevent competition. In reaching this conclusion, the Bureau cited a number of factors, including the existing level of competition from other local daily newspapers, the lack of close rivalry between Postmedia’s broadsheet and Sun ... [more] Full article
Marriott-Delta Merger Cleared by the Competition Bureau
A major hotel chain merger has been approved by the Competition Bureau. Marriott International, a Maryland-based lodging company with over 4,100 hotels around the world, is buying Delta’s hotels and resorts ... [more] Full article
TVA’s acquisition of Transcontinental magazines approved
TVA Group’s proposed acquisition of Transcontinental’s consumer magazine portfolio was recently cleared by the Competition Bureau. Both TVA and Transcontinental are major Canadian communications companies with a strong sector in magazine publishing. Under ... [more] Full article
GSK-Novartis transaction approved in Canada based on commitments in EU and US
A proposed transaction between two multinational pharmaceutical and consumer healthcare product companies, GlaxoSmithKline (GSK) and Novartis was recently given the go-ahead by the Competition Bureau. The proposed transaction was announced ... [more] Full article
Mergers Contributors
Masiel A. Matus
Masiel has a broad commercial litigation practice and represents both national and international clients in a variety of complex matters. Masiel has experience litigating cases involving professional negligence, commercial leasing and real property disputes, insurance, contract disputes, shareholder disputes, fraud, breach of fiduciary duty, breach of trust, employment matters and defamation claims.
John Rook
John F. Rook, KC, is a senior Canadian litigation lawyer with over 50 years of experience in competition law, commercial disputes, and administrative law. He is recognized as a leading competition litigator and has appeared before Canada’s Supreme Court and key tribunals.
David N. Vaillancourt
David's practice expertise focuses on all matters of Commercial and Civil Litigation, Competition and Administrative Law. David has acted for clients in a wide range of disputes, including shareholder and partnership disputes, securities litigation, class action defence, proceedings under the Competition Act, employment law disputes, contract disputes, breach of confidence/intellectual property disputes, fidelity bond claims, and professional negligence claims. David has appeared before all levels of court in Ontario, including the Court of Appeal for Ontario, and has also appeared before the Competition Tribunal and the Federal Court of Appeal. David has appeared as lead counsel in numerous trials, hearings, and motions. David has been successful in numerous adversarial proceedings, and also has successfully negotiated the resolution of dozens of cases.
