GREY:CBICF - Post by User
Comment by
Mike411Ontarioon Jan 05, 2019 7:44pm
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Post# 29190997
RE:Merger: Shareholders Should Receive More For MPX Bioceutical
RE:Merger: Shareholders Should Receive More For MPX Bioceutical NEW YORK and
TORONTO,
Oct. 18, 2018 /PRNewswire/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company"), (CSE:
IAN, OTCQX: ITHUF), and MPX Bioceutical Corporation ("MPX") (CSE: MPX; OTC:MPXEF) announced today that both companies have signed an arrangement agreement (the "Agreement") pursuant to which iAnthus will combine with MPX in an all-stock transaction with offered equity consideration to
MPX shareholders valued at $835 million before giving effect to MPX International (defined below) and assuming all of MPX's dilutive securities are exercised prior to the completion of the transaction. The Agreement represents the first public to public merger transaction in U.S. cannabis history.
Read more at https://www.stockhouse.com/news/press-releases/2018/10/18/ianthus-and-mpx-bioceutical-announce-transformational-combination-expands-u-s#UPTxQkzPDWLRdF80.99