Aphria (APHA) to Pay 23% Premium to Tilray's (TLRY) December 15 Closing Price in All-Stock Deal - Bloomberg

Go back to Aphria (APHA) to Pay 23% Premium to Tilray's (TLRY) December 15 Closing Price in All-Stock Deal - Bloomberg

Aphria (APHA), Tilray (TLRY) Confirm Agreement to Combine

December 16, 2020 7:03 AM EST

Aphria 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

Tilray, Inc. (TLRY), Aphria (APHA) in Advanced Merger Talks - BNN Bloomberg

December 15, 2020 4:42 PM EST

(Updated - December 15, 2020 4:50 PM EST)

Tilray, Inc. (NASDAQ: TLRY) and Aphria (NASDAQ: APHA) are in advanced talks to merge, according to BNN Bloomberg Television, citing sources.

A deal could be announced as early as this... More