NewsSOS
An approximately $272 million hostile bid for Aurora Cannabis (NASDAQ: ACB) became public after Curaleaf Holdings (OTC: CURLF) said its Canadian target refused to negotiate.
The US multi-state operator disclosed it had been pursuing Aurora for more than a month before going public with the offer.
"To date, Aurora has been unwilling to engage in constructive discussions," Curaleaf said in a press release.
What Curaleaf is buying Aurora has been a prominent name in the Canadian cannabis market, but Curaleaf's interest does not lie there.
Keep reading