Tilray, Inc. (TLRY), Aphria (APHA) in Advanced Merger Talks - BNN Bloomberg
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Aphria (APHA), Tilray (TLRY) Confirm Agreement to Combine
December 16, 2020 7:03 AM ESTAphria Inc. (Nasdaq: APHA), a leading global cannabis company inspiring and empowering the worldwide community to live their very best life, and Tilray, Inc. (Nasdaq: TLRY), a global pioneer in cannabis research, cultivation, production and distribution, today announced that they have entered into a definitive agreement to combine their businesses and create the worlds largest global cannabis company based on pro forma revenue1. The deal is pursuant to a plan of arrangement under the Business Corporations Act (Ontario), and the implied pro forma equity value of the... More
Aphria (APHA) to Pay 23% Premium to Tilray's (TLRY) December 15 Closing Price in All-Stock Deal - Bloomberg
December 16, 2020 6:28 AM ESTTilray, Inc. (NASDAQ: TLRY) and Aphria (NASDAQ: APHA) agreed to combine in an all-stock transaction, according to Bloomberg, citing a statement and interviews with CEOs.
The new company will trade under Tilray's ticker, and Aphria's shareholders will... More
