Interesting Read From BNN Regarding Vic. Out As Indep. Chair https://www.bnnbloomberg.ca/aphria-in-takeover-crosshairs-as-green-growth-plans-2-8b-bid-1.1188464
"However, the company announced in a separate release Thursday that Vic Neufeld will relinquish his role as chairman while continuing as CEO and a director of the Leamington, Ont.-based pot producer. Aphria said Irwin D. Simon has been appointed to replace Neufeld as the company's new independent chair, effective immediately.
Columbus-based Green Growth said in its release it has purchased a "meaningful toehold position" in Aphria and that it "believes" its offer is supported by investors who hold approximately 10 per cent of Aphria's shares. It said its plans to formally launch its offer "over the coming weeks."