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Aurora Cannabis Urges Shareholders to Take no Action on Curaleaf's Revised Takeover Bid

Aurora Cannabis Urges Shareholders to Take no Action on Curaleaf's Revised Takeover Bid

MT newswireMT newswire2026/10/06 21:07

05:07 PM EDT, 10/06/2026 (MT Newswires) -- Aurora Cannabis (ACB) urged shareholders late Tuesday to take no action on Curaleaf's revised takeover bid and wait for a final recommendation from the board while a special committee reviews the proposal. Curaleaf revised its bid for Aurora to offer $5 per share, comprising 0.4013 subordinate voting shares of Curaleaf and $1.00 in cash per Aurora Share, according to a statement. Aurora shareholders have until at least Dec. 4 to decide on Curaleaf's proposed offer, the company said. Curaleaf did not immediately respond to a request for comment from MT Newswires.

05:07 PM EDT, 10/06/2026 (MT Newswires) -- Aurora Cannabis (ACB) urged shareholders late Tuesday to take no action on Curaleaf's revised takeover bid and wait for a final recommendation from the board while a special committee reviews the proposal. Curaleaf revised its bid for Aurora to offer $5 per share, comprising 0.4013 subordinate voting shares of Curaleaf and $1.00 in cash per Aurora Share, according to a statement. Aurora shareholders have until at least Dec. 4 to decide on Curaleaf's proposed offer, the company said. Curaleaf did not immediately respond to a request for comment from MT Newswires.
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