V-1.1 - Securities Act

Full text
144. (Replaced).
1982, c. 48, s. 144; 1984, c. 41, s. 40; 1987, c. 40, s. 31; 2006, c. 50, s. 41.
144. In the period beginning with the expiry of the bid and ending at the end of the twentieth business day thereafter, neither the offeror nor his joint actors, nor the holder of an interest that exceeds 20% of the voting securities of the offeror nor the associates or affiliates of such holder may acquire securities of the same class on terms not generally offered to all the holders of that class of securities, regardless of the result of the bid.
1982, c. 48, s. 144; 1984, c. 41, s. 40; 1987, c. 40, s. 31.
144. An issuer bid is an operation by which an issuer makes an offer to security holders to acquire securities issued by it that represent an interest in its share capital or that are convertible into such securities.
1982, c. 48, s. 144.