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Strategies & Market Trends : Canadian Options
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To: Kayaker who wrote (878)3/14/1998 3:33:00 AM
From: Sleeperz   of 1598
 
When a US Company takes over a Canadian company that has a significant
# of CDN sharholders. The company will created an CDN equivalent of
the US stock but maybe subjected to a certain time limit like 5 years.
ie Symantec buys Delrina creates DE,tse time limit

Bowater Buys Avenor created Bowater Canada.
cl

>>> My big fear is that someday Ballard will be taken over by a foreign company and I'll be forced to sell my shares to meet the 20% foreign content rule. I'll have to remember to ask my accountant bout that.<<<
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