The Latest Act In The Aphria Circus: A Very Obviously Related-Party ‘Hostile’ Takeover OfferGuest Post
Summary: Aphria Inc. (NYSE:APHA)
- Yesterday Aphria received a ‘hostile’ takeover offer from a company called Green Growth Brands Ltd. (“GGB”), which aims to acquire Aphria in a C$2.8 billion all-stock deal.
- GGB’s second largest shareholder is a fund sponsored by Green Acre Capital, a firm that lists none other than Aphria CEO Vic Neufeld on its board of advisors. Aphria has invested directly in the fund and therefore already owns a significant stake in GGB.
- GGB recently listed a current Aphria board member on its own board . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com or click chat button and we will get back to you as quick as humanly possible