GREY:FFLWF - Post by User
Comment by
raptor57on Dec 01, 2016 1:11pm
148 Views
Post# 25541414
RE:RE:RE:RE:RE:Hello please clarify for me
RE:RE:RE:RE:RE:Hello please clarify for meLook I will try one more time here...........
The total transaction is valued at approximately $430-million and will be satisfied by the issuance of common shares in Canopy Growth. Under the terms of the arrangement agreement, Mettrum shareholders will be entitled to receive 0.7132 common share of Canopy Growth for each common share of Mettrum, representing consideration of $8.42 per Mettrum common share based on the closing price of Canopy Growth common shares on the Toronto Stock Exchange on Nov. 30, 2016. Upon completion of the arrangement, existing Canopy Growth and Mettrum shareholders are expected to own approximately 77.7 per cent and 22.3 per cent, respectively, of the pro forma company.
The only reason they say approx is because the there are numbers beyond the 77 .7
all you guys are talking in hindsight now, as FARMERINVESTOR pointed all you should be paying attention to CGC, come voting day you will all decide to vote for or against and the chips will fall where they may.......as well who in there right mind would sign a deal be it seller or buyer based on a floating deal in the market place, not to mention the exchange approving such a deal........you all have the the other alternative if you do not like the deal or CGC sell now. Raptor