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In the Media

Governments Expected to Put Crown Jewels in Play 

Tim Kiladze 

The Globe and Mail

January 3, 2012

Private mergers and acquisitions will be driven by the unlikeliest of sources in 2012: public governments.

That's the prediction from Torys, as noted in the firm's latest annual report on M&A trends.

Judging by last year, it's worth taking note of the firm's forecasts: In January, 2011, Torys predicted that politics would continue to matter in foreign takeovers of Canadian companies, and that takeover defence tactics would ramp up. Both hunches proved to be true: A proposed takeover of TMX Group Inc. became highly politicized and Mosaid Technologies Inc. fought hard against a hostile takeover.  

Read the full article here.

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