Document background
The Company Acquisition Agreement is a fundamental transaction document used in mergers and acquisitions under Canadian law. It is employed when one company intends to acquire another company, whether through a share purchase, asset purchase, or corporate merger. The agreement must comply with various Canadian federal and provincial regulations, including the Canada Business Corporations Act, Competition Act, and applicable securities laws. It typically includes detailed provisions covering purchase price mechanisms, representations and warranties, conditions to closing, covenants, indemnification provisions, and post-closing obligations. This document is particularly crucial as it allocates risk between parties, establishes the framework for the transaction's completion, and serves as the primary reference point for resolving any disputes that may arise during or after the acquisition process.
