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BRIEF-Senvest Management Says Proposed Price Under Aurora Cannabis's Bid "Significantly Undervalues" CanniMed

Published 2018-01-17, 09:10 a/m
Updated 2018-01-17, 09:20 a/m
© Reuters.  BRIEF-Senvest Management Says Proposed Price Under Aurora Cannabis's Bid "Significantly Undervalues" CanniMed

Jan 17 (Reuters) - Senvest Management LLC:

* SENVEST MANAGEMENT LLC EXPRESSES CONCERNS REGARDING THE TERMS OF AURORA CANNABIS, INC'S TAKEOVER BID FOR CANNIMED THERAPEUTICS INC IN LETTER TO THE BOARD; ANNOUNCES VOTING AND TENDER INTENTIONS

* SENVEST MANAGEMENT - PROPOSED PRICE UNDER AURORA CANNABIS'S BID "SIGNIFICANTLY UNDERVALUES" CANNIMED THERAPEUTICS

* SENVEST MANAGEMENT - HAS OWNERSHIP POSITION OF ABOUT 8 PERCENT OF OUTSTANDING SHARES OF CANNIMED THERAPEUTICS

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