Image
![Blurry view of people walking in a long hallway](/sites/default/files/styles/pattern_hero_desktop_1x/public/2020-12/Hero-blurry-view-of-people-walking-in-a-hallway.jpg?itok=am83O1a9)
Mergers and acquisitions
A mergers and acquisitions transaction refers to a transaction in which one issuer obtains control of all or part of the business of another issuer. Mergers and acquisitions transactions may be structured in several different ways, including:
- take-over bids
- plans of arrangement
- amalgamations
- asset sales
- corporate restructurings
- going-private transactions
The regulatory framework for mergers and acquisitions transactions requires careful interpretation due to a few important considerations, such as:
- the overlapping requirements of securities law and corporate law
- the distinctive requirements that apply to corporate voting transactions and take-over bids
- the concurrent jurisdiction of the courts and securities regulators on certain mergers and acquisitions issues
- the imposition of additional securities law requirements on mergers and acquisitions transactions that raise major conflict of interest concerns