GGBXF - Green Growth Brands and Aphria Agree to Accelerate Takeover Bid Expiry
Breaking today, Green Growth Brands (CSE:GGB) (OTC:GGBXF) will be repurchasing its common shares of APHA at $89 million CAD. The expiry of GGB’s takeover bid of Aphria Inc. (TSX:APHA) (NYSE:APHA) has been accelerated to April 25, 2019.
GGB said Monday that Aphria has agreed to shorten the expiry time for acceptance of its formal bid by two weeks from May 9, 2019, at 5:00 p.m. EST to April 25, 2019, at 5:00 p.m. EST.
As part of the agreement, Green Growth Brands will be repurchasing 27,300,000 of its common shares held by GA Opportunities ...
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