Aurora Cannabis hires hedge-fund manager Nelson Peltz as adviser
Canada's Aurora Cannabis Inc. shares ACB, +0.13% ACB, +0.19% soared 11% in premarket trade Wednesday after the company said it has hired hedge fund manager Nelson Peltz as an adviser to help it explore possible partnerships and help with its global expansion strategy. Peltz, the founder of Trian Fund Management L.P., will be granted options to purchase 19.9 million common shares in the company at C$10.34 a share.
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