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.
Aurora Cannabis urged shareholders to reject Curaleaf Holdings' unsolicited $272 million hostile takeover bid, saying the offer is inadequate and undervalues parts of the business. Chief Executive Miguel Martin said Aurora's standalone strategy remains the better path for the cannabis company.