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Aphria is Urging Shareholders to Hold Off on Making Any Decisions About Green Growth Brands' Takeover Bid

Stock Market Data Today
  • Aphria received an all-stock takeover offer from Green Growth Brands, a US-based marijuana company.
  • Green Growth provides Aphria shareholders with 1.5714 common shares of Green Growth for each Aphria share, valuing the marijuana producer at $2.06 billion.
  • Aphria on Wednesday urged its shareholders to take no action until its Board has made a formal recommendation to shareholders, saying the proposal undervalued the company...
Mentions: Management Takeover Bid Takeover