Aurora Cannabis urges shareholders to reject Curaleaf hostile bid
Aurora Cannabis is urging shareholders to reject Curaleaf Holdings’ unsolicited $272 million hostile takeover offer, calling it inadequate and aimed at using Aurora’s clean balance sheet to absorb Curaleaf’s heavy debt load.
By Adriano MarcheseAurora Cannabis is urging its shareholders to reject an unsolicited $272 million hostile takeover bid from Curaleaf Holdings, calling the offer inadequate and an attempt to use Aurora's clean balance sheet to absorb Curaleaf's heavy debt load.The Aurora board's unanimous recommen…