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Aurora Urges Shareholders to Take No Action to Revised Hostile Bid by Curaleaf as Formal Review Underway

Curaleaf says the revised mix of stock and cash is meant to show good-faith negotiations after Aurora rejected its earlier $4-a-share offer.

  • On Monday, Stamford, Conn.-based Curaleaf Holdings Inc. announced an enhanced acquisition offer for rival pot firm Aurora Cannabis Inc., valuing the new bid at US$5 per Aurora share.
  • Over the summer, Curaleaf made an initial hostile takeover bid worth US$4 per Aurora share, which included 0.3463 of a Curaleaf subordinate voting share plus 75 cents US in cash.
  • The improved offer consists of 0.4013 Curaleaf shares plus US$1 cash, based on the closing share price from Friday, October 2, demonstrating good faith in negotiations.
  • Aurora Cannabis Inc. previously urged shareholders to reject the initial bid, claiming the offer undervalued the company and was not in shareholders' best interests.
  • Curaleaf officials stated the enhanced bid signals commitment to negotiating in good faith and aims to demonstrate the value of combining the two cannabis businesses.
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40 Articles

keenesentinel.comkeenesentinel.com
+5 Reposted by 5 other sources
Center

Aurora Urges Shareholders to Take No Action to Revised Hostile Bid by Curaleaf as Formal Review Underway

Aurora's Special Committee will commence a thorough and independent review of the revised Hostile Bid and the Board will provide a formal recommendation to shareholders once the review is complete. Shareholders are advised to TAKE NO ACTION pending a formal…

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MarketBeatMarketBeat
Center

Curaleaf’s Higher Aurora Bid Raises the Stakes in Cannabis Consolidation

Curaleaf has raised its hostile bid for Aurora Cannabis to $5 per share as Schedule III tax relief fuels cannabis M&A, with Tilray's Oct. 8 earnings seen as a sector barometer.

·Sioux Falls, United States
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Global NewsGlobal News
Lean Left

Curaleaf sweetens Aurora Cannabis takeover offer after past rejection - Edmonton

Curaleaf says it's boosting its bid despite Aurora rebuffing past overtures because it wants to signal good faith negotiations and show it's worth combining the businesses.

·Toronto, Canada
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The Paintsville HeraldThe Paintsville Herald
+11 Reposted by 11 other sources
Center

Aurora Maintains Shareholder Recommendation to Take No Action at this Time as Curaleaf Has Yet to File Their Revised Hostile Bid

NASDAQ

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CBC NewsCBC News
Lean Left

U.S.-based Curaleaf boosts takeover bid for Alberta's Aurora Cannabis

Curaleaf Holdings Inc. says it will sweeten its offer to buy rival pot firm Aurora Cannabis Inc. Curaleaf now wants to make an offer valued at $5 US per Aurora share, up from $4 US earlier this summer.

·Ottawa, Canada
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The Globe & MailThe Globe & Mail
Center

Curaleaf sweetens offer to buy rival Aurora Cannabis

It now wants to make an offer valued at US$5 per Aurora share

·Toronto, Canada
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Winnipeg Free Press broke the news in Winnipeg, Canada on Monday, October 5, 2026.
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