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ARTICLE · 26 FEBRUARY 2021

Canadian Going Private Transactions - A Sample Timetable Part III

McCarthy Tétrault
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In this blog, we will provide a sample timetable for a plan of arrangement. While each transaction is different, the sample timetables are useful to provide an indication of the basic timing requirements for each type of transaction.

CanadaCorporate/Commercial Law

In this blog, we will provide a sample timetable for a plan of arrangement. While each transaction is different, the sample timetables are useful to provide an indication of the basic timing requirements for each type of transaction.

See Chinese version below [中文版参阅下文]

TIME EVENT
Day X Sign arrangement agreement following approvals by bidder and target company 
Issue press release announcing transaction
Day X + 25 Record date for meeting of target company shareholders; obtain interim court order
Day X + 35 Management information circular mailed to target company shareholders
 
Day X + 60 Meeting of target company shareholders to approve arrangement; issue press release announcing approval of arrangement

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