India, Oct. 19 -- Monday, Curaleaf Holdings, Inc. (CURLF.PK) shared its response to Aurora Cannabis Inc.'s Notice of Change to its directors' circular, which recommended that shareholders reject Curaleaf's enhanced proposal.
The company's CEO Boris Jordan criticized Aurora's Board for denying Curaleaf due diligence access while allowing other potential bidders to review confidential information. Jordan said the Board's approach raised concerns about whether it was acting in shareholders' best interests and argued that engagement with Curaleaf would better support shareholder value.
Curaleaf defended its enhanced offer, stating that it represents an 86% premium to Aurora's unaffected 30-day volume-weighted average share price and a 217% pr...