OSC cease-trades CanniMed rights plan, orders Aurora to amend disclosures
TORONTO — The Ontario Securities Commission has issued a cease-trade order for any securities issued by CanniMed Therapeutics Inc. as a defence against a hostile takeover by Aurora Cannabis Inc.
The OSC is also ordering Aurora to amend its take-over bid circular and related press releases to include certain information that could affect CanniMed’s shareholders when they decide to accept or reject the offer.
Among other things, Aurora is ordered to disclose how it became aware t
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