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Liberty Health Sciences Announces Strategic Acquisition by Ayr Strategies, Unlocking Significant Value for Shareholders


Liberty Health Sciences Announces Strategic Acquisition by Ayr Strategies, Unlocking Significant Value for Shareholders
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TORONTO, Dec. 22, 2020 /PRNewswire/ - Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) (
Liberty or the
Ayr ) are pleased to announce that they have entered into a definitive arrangement agreement (the
Agreement ) pursuant to which Ayr will acquire all of the issued and outstanding shares (the
Liberty Shares ) of Liberty in an all-share transaction for a total consideration of approximately $372 million (or US$290 million) on a fully-diluted basis
1 (the
Proposed Transaction
Under the terms of the Arrangement, shareholders of Liberty will receive 0.03683 of a subordinate voting share or restricted voting share for each Liberty Share held (the ....

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