Aurora Urges Shareholders to Reject Curaleaf’s Revised Hostile Bid
Aurora Cannabis says its board reconfirmed its recommendation that shareholders reject Curaleaf’s revised hostile bid.
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Aurora Cannabis says its board reconfirmed its recommendation that shareholders reject Curaleaf’s revised hostile bid.
Aurora Cannabis has urged its shareholders to take no action regarding a revised hostile bid from Curaleaf Holdings, as a formal review of the offer is currently underway.
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 Curaleaf’s hostile bid is inadequate, undervalues Aurora, and risks shareholder value and future upside.