Tilray Brands Inc (TLRY): Aphria Inc. Announces Independent Proxy...

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Monday, 04/05/2021 8:09:04 AM

Monday, April 05, 2021 8:09:04 AM

Aphria Inc. Announces Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote FOR the Proposed Aphria-Tilray Business Combination
Mentioned: APHA
Aphria Inc. ("Aphria") (TSX: APHA) (Nasdaq: APHA), a leading global cannabis-lifestyle consumer packaged goods company, is pleased to announce that both Institutional Shareholder Services Inc. ("ISS") and Glass Lewis and Co., LLC ("Glass Lewis") have recommended that holders (the "Shareholders") of common shares (the "Shares") of Aphria vote FOR the special resolution (the "Aphria Resolution") approving the previously announced arrangement (the "Arrangement") to be completed pursuant to the Business Corporations Act (Ontario) pursuant to which, among other things, Tilray, Inc. ("Tilray", and following the Arrangement, the "Combined Company") will acquire all of the outstanding Shares of Aphria and the Shareholders will become holders of shares of Tilray ("Tilray Shares"). ISS and Glass Lewis are leading independent proxy advisory firms that provide voting recommendations to institutional shareholders.

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