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Wajeeh Khan

ACB Stock Alert: What to Know as Curaleaf Announces Takeover Bid for Aurora Cannabis

Aurora Cannabis (ACB) stock soared on Aug. 11 after U.S. multi-state operator Curaleaf (CURLF) announced plans to launch an unsolicited takeover bid.

Curaleaf has already formed a special committee to review its $4 per share cash-and-stock proposal, which it intends to take directly to ACB shareholders after private acquisition talks stalled.

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