RE:RE:The big deal...No way CB hands over $5B in cash unless they can control how it is spent. Therefore they would not have done the deal without getting control of the board. In essence, like I said, they bought us out in a way that keeps us (current shareholders) in the game.
MNK3240 wrote: Nice analysis!
I still don't get it as to why they gave up the control of the Board (4:3), where they don't hold more than 50% stocks. Also Canopy at the moment implied market leader, so unless there is something bigger going on behind the scene, there is reason for them to give up Board control.
I have a feeling something very BIG coming up that we still don't know!