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BRIEF-Canopy Growth Shareholders Approve $4 Bln USD Investment By Constellation Brands

Published 2018-09-26, 05:54 p/m
BRIEF-Canopy Growth Shareholders Approve $4 Bln USD Investment By Constellation Brands
WEED
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Sept 26 (Reuters) - Canopy Growth Corp WEED.TO :

* CANOPY GROWTH SHAREHOLDERS APPROVE $5B CAD ($4B USD) INVESTMENT BY CONSTELLATION BRANDS

* CANOPY GROWTH CORP - TRANSACTION IS EXPECTED TO BE COMPLETED ON OR BEFORE OCTOBER 31, 2018

* CANOPY GROWTH CORP - MURRAY GOLDMAN AND CHRIS SCHNARR WILL BE REMOVED AS DIRECTORS EFFECTIVE AS OF CLOSING OF TRANSACTION

* CANOPY GROWTH CORP - UPON DEAL CLOSE, WILLIAM NEWLANDS, DAVID KLEIN AND JUDY SCHMELING WILL BE ELECTED AS DIRECTORS OF COMPANY AS NOMINEES OF CBG

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