RE:JV vs. Take-overYou have to keep in mind that share value has dropped due to the false short attack, people who run Aphria still has it at a value when Alteria was interested and that value still stands regardless of all the circus that happened. GLTA
apatel31 wrote: Difference between take-over and JV- and pls correct me if I am wrong. - take-over will erase apha existence and will incorporated into the buyer stock - In JV, apha will remain as independent and only gives controlling stake to the buyer If its a JV and the company is investing at lets say $17/share and only gives a 38-40% of stake then shouldnt the take-over be priced at much higher than $17/share? If we are to take CRON as an example, Altria only got 38% of stake but if they want majority stake then they have to exercise their option and invest more. Now, wouldnt that make apha take-over bid at $17/share a little too cheap? Just trying to grasp the concept, numbers are out of thin air. Not sure if I am clear enough..