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Aurora Cannabis urges shareholders to reject Curaleaf hostile bid

Aurora Cannabis urged shareholders to reject Curaleaf Holdings’ unsolicited $272 million hostile takeover offer, saying it is inadequate and undervalues parts of Aurora’s business.

ACB

By Adriano MarcheseAurora Cannabis urged its shareholders to reject an unsolicited $272 million hostile takeover bid from Curaleaf Holdings, saying the offer is inadequate and undervalues parts of its business.Aurora's Chief Executive Miguel Martin added that the cannabis company's standalone strat…