BRIEF-Aurora Cannabis Announces Intention To Launch Takeover Bid For Cannimed Therapeutics
7:41 PM ET, 01/12/2018 - Reuters Jan 12 (Reuters) - Aurora Cannabis Inc: * AURORA CANNABIS ANNOUNCES INTENTION TO LAUNCH TAKEOVER BID FOR CANNIMED THERAPEUTICS INC. * AURORA- ?INTENDS TO MAKE OFFER TO BUY ALL OF ISSUED, OUTSTANDING COMMON SHARES OF CANNIMED FOR CONSIDERATION CONSISTING OF COMMON SHARES OF CO * AURORA - ?OFFER WILL PROVIDE HOLDERS OF CANNIMED SHARES WITH 4.52 CO'S SHARES FOR EACH CANNIMED SHARE, SUBJECT TO MAXIMUM OF $24.00 PER CANNIMED SHARE? * ? OFFER PRICE REPRESENTS A 56.9% PREMIUM OVER CLOSING PRICE OF CANNIMED SHARES ON NOVEMBER 14, 2017? Source text for Eikon: Further company coverage:
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