WeissLaw LLP is investigating possible breaches of fiduciary duty at Tilray

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Tilray, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY) in connection with the Company’s proposed merger with Aphria Inc. (“Aphria”) (NASDAQ: APHA), a global cannabis growth and production company.

They add..

Under the terms of the merger agreement, Aphria shareholders will receive 0.8381 shares of Tilray for each Aphria share they own.  The post-close combined company will trade on the NASDAQ under the symbol “TLRY.” Upon closing of the proposed transaction, former Aphria shareholders will own a majority of the combined company with Tilray shareholders only owning approximately 38% of the combined company.  The post-transaction combined company has an implied pro forma equity value of approximately $3.9 billion.

If you own Tilray shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslawllp.com/tlry/

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