Aurora Cannabis Urges Shareholders to Reject Curaleaf’s Revised Bid

Aurora Cannabis is urging shareholders to reject Curaleaf Holdings’ revised hostile bid, which values each Aurora share at an implied $5 under the updated terms. Curaleaf changed its offer on Oct. 5 to include $1.00 in cash and 0.4013 of a Curaleaf share for each Aurora share. Aurora is recommending that shareholders turn down the proposal. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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