MT get .7132 of CGC 11/30 price. Not Date of Closing
Am I missing something? This article states MT will get .7132 of the price of CGC on 11/30 which was $11.80 = $8.42. It is not based on the price of closing. "Under the terms of the Arrangement Agreement, Mettrum shareholders will be entitled to receive 0.7132 common shares of Canopy Growth for each common share of Mettrum, representing consideration of C$8.42 per Mettrum common share based on the closing price of Canopy Growth common shares on the Toronto Stock Exchange ("TSX") on November 30, 2016." https://finance.yahoo.com/news/canopy-growth-enters-agreement-acquire-054900267.html;_ylc=X1MDMTE5Nzc4NDE4NQRfZXgDMQRfeXJpZAMyajBvaGt0YzN2ZXZiBGcDZFhWcFpEeHVjejQ0TlRaaVpUazFOQzAxTWpoakxUTmpOVGt0WVRJeFl5MHhaR0ZpWXpsbE9HRTJNbUU4Wm1sbGJHUStZMmRqTG5SdgRsYW5nA2VuLVVTBG9yaWdfbGFuZwNlbgRvcmlnX3JlZ2lvbgNDQQRwb3MDMARyZWdpb24DVVMEc3ltYm9sA0NHQy5UTw--?.tsrc=applewf