Aurora Cannabis urges shareholders to reject Curaleaf's sweetened takeover offer
Aurora urged shareholders last week to reject Curaleaf's hostile bid, which the U.S. company raised from $4 to $5 per share on Oct. 5.
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Aurora urged shareholders last week to reject Curaleaf's hostile bid, which the U.S. company raised from $4 to $5 per share on Oct. 5.
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 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.
Aurora Cannabis says its board is unanimous in urging shareholders to reject Curaleaf Holdings’ unsolicited takeover bid, calling it an undervaluation of Aurora’s current business and future potential.