Under the amended deal, Aphria is offering 60 cents in cash plus 0.3546 of an Aphria share. Shares of Aphria and Nuuvera have fallen since the original deal was first announced on Jan. 29. Under the initial agreement, the licensed producer offered $1 plus 0.3546 of an Aphria share for each Nuuvera share. On Friday, Aphria shares closed at $14.06 on the Toronto Stock Exchange while Nuuvera shares closed at $5.56 on the TSX Venture Exchange. Based on Friday's share price, Aphria's amended offer of 60 cents in cash plus 0.3546 of a common share would be valued at $5.59 per share.

Source: CBC News February 20, 2018 13:52 UTC