IPSEY - Aleafia/Emblem Merger Offers Free 8% On The Sidewalk
Aleafia (ALEAF) - Emblem (EMMBF) All Stock Merger
Spread: 8%. Closing: a few weeks. Merger consideration: 0.8377 ALEF
This is a micro cap deal in the Canadian cannabis industry. Despite that, recently there has been a high number of M&A deals in this industry, most of them were successful and it seems that this one is not going to be an exclusion. Shareholder approval - the condition that appeared as the most threatening in this transaction (there was some noise by the retail investors about the price being insufficient) - has been already