TERMIUM Plus®

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LOCK-UP OPTION [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2009-07-06

English

Subject field(s)
  • Commercial Law
  • Amalgamation and Partnerships (Finance)
CONT

Lock-up options are provisions drafted to favor an acquirer with whom the target company has signed a definitive agreement. They give the acquirer the right to purchase stock or assets of the target under certain circumstances.

Key term(s)
  • lockup option

French

Domaine(s)
  • Droit commercial
  • Fusion, absorption et coparticipation (Finances)
DEF

Entente aux termes de laquelle la société cible accorde à l'acquéreur éventuel le droit d'acheter des actions de trésorerie ou des actifs de son patrimoine sous certaines conditions, de manière à protéger la transaction projetée et à décourager les offres inamicales.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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