Marriott-Delta Merger Cleared by the Competition Bureau
A major hotel chain merger has been approved by the Competition Bureau. Marriott International, a Maryland-based lodging company with over 4,100 hotels around the world, is buying Delta’s hotels and resorts brand and related business in a $168-million deal. Delta is a Canadian hotel brand that currently operates and franchises 38 properties in more than 30 cities across Canada. The Bureau has issued a No Action Letter, having concluded that the proposed transaction is unlikely to result in a substantial lessening or prevention of competition, due to the presence of other chain hotels and independent hotels who will remain as effective ... [more] Full article
TVA’s acquisition of Transcontinental magazines approved
TVA Group’s proposed acquisition of Transcontinental’s consumer magazine portfolio was recently cleared by the Competition Bureau. Both TVA and Transcontinental are major Canadian communications companies with a strong sector in magazine publishing. Under ... [more] Full article
GSK-Novartis transaction approved in Canada based on commitments in EU and US
A proposed transaction between two multinational pharmaceutical and consumer healthcare product companies, GlaxoSmithKline (GSK) and Novartis was recently given the go-ahead by the Competition Bureau. The proposed transaction was announced ... [more] Full article
Efficiencies Save Landfill Merger, Supreme Court rules
A landfill merger that gave the buyer a monopoly and would prevent prices from falling was saved by efficiencies amounting to one-half of one person’s annual salary, the Supreme Court ... [more] Full article
Mergers Contributors
Masiel A. Matus
Masiel has a broad commercial litigation practice and represents both national and international clients in a variety of complex matters. Masiel has experience litigating cases involving professional negligence, commercial leasing and real property disputes, insurance, contract disputes, shareholder disputes, fraud, breach of fiduciary duty, breach of trust, employment matters and defamation claims.
David N. Vaillancourt
David's practice expertise focuses on all matters of Commercial and Civil Litigation, Competition and Administrative Law. David has acted for clients in a wide range of disputes, including shareholder and partnership disputes, securities litigation, class action defence, proceedings under the Competition Act, employment law disputes, contract disputes, breach of confidence/intellectual property disputes, fidelity bond claims, and professional negligence claims. David has appeared before all levels of court in Ontario, including the Court of Appeal for Ontario, and has also appeared before the Competition Tribunal and the Federal Court of Appeal. David has appeared as lead counsel in numerous trials, hearings, and motions. David has been successful in numerous adversarial proceedings, and also has successfully negotiated the resolution of dozens of cases.
