Post by
Yaasun on Aug 02, 2019 10:30am
Merger time line
The following article touches on many of the difficulties faced with companies merging and then DOJ having a second request.
https://mjbizdaily.com/antitrust-issues-weigh-on-us-cannabis-stocks-but-is-it-enough-to-unravel-deals/
The article states that Cresco is now expecting the deal to be delayed until October.
"While the deal was originally expected to close at the end of June, Cresco is now aiming for Oct. 31, according to a recent company filing."
Comment by
TeamEddie on Aug 02, 2019 5:46pm
“Things are so regionalized that it is hard to make an argument that someone is making a monopoly,” he said. “There is a lot of maturing to do in this industry.”
Comment by
bankbuilder on Aug 06, 2019 11:03am
What does everyone think of our company being taken over by Cresco labs now, it’s BS
Comment by
PositiveEnergy on Aug 06, 2019 11:40am
Shut your filthy whure mouth
Comment by
retiredcf on Aug 07, 2019 8:01am
The SP would seem to indicate that the merger is as good as done because the gap has now narrowed from close to $3.00 to a buck. And if this morning's bids hold, that could be cut in half. If the merger was finalized today, we are worth $8.34. As for PositiveEnergy, he clearly has issues so another one for the bin. GLTA
Comment by
Topofthehill on Aug 07, 2019 8:46am
Bid/Ask matching up at $7.92 cad
Comment by
PositiveEnergy on Aug 08, 2019 8:37am
Shut your filthy whure mouth