Aurora SP will get hit hard next week but...If i understand the situation it should help Aurora lock the 24% shares that they are missing from CanniMed shareholders to complete the takeover.
This lawsuit will scare both companies shareholders and both SP's should normally go down but since Aurora can still buy around 531 800 shares of CMed before reaching their 5% limit allowed... they can maintain CMed around 24$ while ACB goes down.
So unless im missing something out... i can't see why Cmed Shareholders would not tender their shares to Aurora now knowing the premium they will get.
(Price of (# of Shares (Price of
ACB shares) given for 1 CMED) CMED shares)
$4.50 4.52586207 $20.37
$5.25 4.52586207 $23.76
$5.50 4.36363636 $24.00
$6.50 3.69230769 $24.00
$7.50 3.20000000 $24.00
$8.50 2.82352941 $24.00
$9.50 2.52631579 $24.00
$10.50 2.28571429 $24.00
$11.50 2.08695652 $24.00
$12.50 1.92000000 $24.00