RE:Aurora Cannabis takeover bid ‘makes no sense,’ CanniMed CEO Wow, good post... thanks for the link.... This PR just about says it all. Brent Zettl does not want to give up his company that he has built largly by himself since about 2002 or so... Imagine building a company, being the first LP in Canada and having some axx hxxxs from Edmonton tell you that you have to accept an offer to take over his company... Brent Zettl has got to be a little pissed...
Brent Zettl has plans of his own. He is taking over HIP...... why in the world would he want to talk to ACB.
I also note that ACB has said to Zettl that he has to give up taking over HIP if he wants to let ACB take over CMED..... Now if I was Zettl, and I was already a millionaire, as he is, and I have spent about 16 years building my company, and I have 38 percent of my sharholders in revolt...
I would tell ACB to go fly a kite...... And I guess that is what he is doing.
This does not get pretty at any stage going forward.... This may be a bridge too far for ACB.
After all, ACB can pick off construction companies like Larsson and H2O or whatever their name is and these other guys..... but I think Zettl is more likely to set a torch to the place than give it to ACB at any price....
__________
Q: What's the difference between a female lawyer and a pitbull?
A: Lipstick.