APHA - Aphria Stock: A Low-Ball Take-Over Offer From Who?
On Friday, after the market closed, I got a tweet come across my iPad saying that Aphria (APHA) was staring down an unsolicited takeover offer from Green Growth Brands (GGBXF). My knee-jerk reaction was a smidge of elation; I am long Aphria. However, when I began looking into the deal, I scoffed at the complexity and the terms; it was a low-ball offer. And, so did Aphria. I became interested in this because about a month ago Aphria was passed over by Altria (MO) as a potential partner. Now, all of