The current edition of Deal Points was recently e-mailed to all Committee members. In addition to reports from our various task forces and subcommittees, this issue contains a timely article by Paul Davis and John Clifford on Canadian regulation of shareholder rights plans, an extensive discussion by Bradley Aronstam and Michael Sirkin on managing M&A deals with underlying derivative claims, and comments from John Hughes on board sales processes, particularly as regards uses of fairness opinions.
We have received very favorable response to our Committee's new resource, the M&A Lawyers' Library, a collection of articles and memos on timely topics in the mergers and acquisitions field. The M&A Lawyers' Library materials have been updated recently to add a number of informative papers. The research materials are available only to members of the Mergers and Acquisitions Committee. You can access the materials in the link in the next section of this page.
The Deal Points Studies, containing analysis of frequently-used contract clauses, are available (to committee members only) on the M&A Market Trends page. Included in those documents is the recently-published 2011 Strategic Buyer/Public Target M&A Deal Points Study. The M&A Market Trends Subcommittee has made available, through the Committee's extranet site, copies of the source documents that were reviewed in producing the studies. The extranet site, accessible also through the M&A Market Trends page, includes a feature that permits full text searches of the source documents.