CGC being the acquirer...Im still relatively new to investing, having only started in January of this year. I know normally the acquired company rises in value, while the acquiring company falls in value. Do we expect to see this with CGC? I only ask as they purchased MT with common shares and not debt. I realize that there is dilution, but isnt that offset by the assets and value added to CGC?
Also, it must help that MT had very few outstanding shares compared to all the other LPs. Regardless, gonna be a fun day tomorrow. Just want to get a better picture of what type of movements to expect from CGC in this scenario if anyone has experience
Thanks!