Replies to post #9088 on Sundial Growers Inc (SNDL)

[Viewmont]

NICE! "The support from Alcanna shareholders—over 90% of the votes—clearly demonstrates the value of Sundial’s offer. Sundial's best-in-class balance sheet with approximately $1.1 billion in cash and investments ($0.55/sh) provides the foundation for ongoing value creation and growth that Sundial has seen over the past two years under Zach George's leadership," said James Burns, Vice Chair and Chief Executive Officer of Alcanna. "The prospects for our Ace Discount Liquor and Wine and Beyond banners are even more positive as part of the larger Sundial group."

"Alcanna's regulated product distribution platform will strengthen Sundial's operations, portfolio, and cash flow profile. We are humbled by the support of Alcanna shareholders and look forward to working with the team at Alcanna to create a best-in-class company focused on delighting consumers and delivering value to all stakeholders," said Zach George, Chief Executive Officer of Sundial.