From an employment and labour perspective, buying the assets of a business may be preferable to acquiring its shares, as buying assets enables the buyer to clean house and hire new staff. When considering the merits of an asset transaction, however, a buyer should consider the points raised below regarding the seller’s workforce, as these … Continue reading
This post was contributed by Jean Allard, Partner, Norton Rose Canada There are many business and tax reasons for acquiring the assets of a business instead of its shares. From an employment and labour perspective, buying a business’s assets may be preferable to acquiring its shares because the buyer can clean house and recruit new … Continue reading