Pre-merger notification interpretation guideline number 3 : exemptions for acquisitions in the ordinary course of business (paragraph 111(a) of the Act).: Iu54-35/3-2011E-PDF
"In determining whether an acquisition of real property or goods is exempt under paragraph 111(a) of the Act, the first step is to determine whether the proposed acquiror will, as a result of the acquisition, hold all or substantially all of the assets of a business or of an operating segment of a business. If the assets being sold constitute all or substantially all of the assets of a business or of an operating segment of a business, the exemption in paragraph 111(a) is not available, regardless of whether the transaction is in the ordinary course of business. If the assets do not constitute all or substantially all of the assets of a business or of an operating segment of a business, then the transaction will be exempt if it is in the ordinary course of business"--Policy, p. 3.
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| Department/Agency |
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|---|---|
| Title | Pre-merger notification interpretation guideline number 3 : exemptions for acquisitions in the ordinary course of business (paragraph 111(a) of the Act). |
| Variant title |
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| Publication type | Monograph |
| Language | [English] |
| Other language editions | [French] |
| Format | Digital text |
| Electronic document | |
| Note(s) |
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| Publishing information |
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| Description | 7 p. |
| ISBN | 978-1-100-18849-2 |
| Catalogue number |
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| Departmental catalogue number | 60913 |
| Subject terms |
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