OTCPK:DJACF - Post by User
Comment by
robertwfbon Jul 13, 2018 2:58pm
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Post# 28313997
RE:RE:conversion.
RE:RE:conversion.
no one agrees to sell an Item for a floating price unless perhaps there is an escalator clause. "Under the terms of the Agreement, Hiku shareholders will receive 0.046 of a Canopy Growth common share (each whole share, a "Canopy Share") in exchange for each common share of Hiku (each, a "Hiku Share"), representing the equivalent of C$1.91 per Hiku Share and a premium of 33% based on the 20-day volume weighted average prices of the Canopy Shares and the Hiku Shares as of July 9, 2018, and a premium of approximately 21% based on the closing prices of the Canopy Shares on the Toronto Stock Exchange ("TSX") and the Hiku Shares on the Canadian Stock Exchange ("CSE") on July 9, 2018. " so it appears as though the purchase price is set. any one else have in idea?