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CCHWF / Cresco Labs, Columbia Care unable to sell units needed to complete proposed merger deal

Cresco Labs, Columbia Care unable to sell units needed to complete proposed merger deal
Cresco Labs CRLBF, CL, -0.93% and Columbia Care CCHWF, -1.46% said Friday they will not be able to sell off the required business units necessary to secure all necessary regulatory approvals to close their pending merger deal by the outside date of June 30. “At this stage, Cresco and Columbia Care are working amicably with respect to the next steps in relation to the transaction and will provide further updates in the near future,” the companies said. Read More
Posted: Jun 30 2023, 07:52
Author Name: Market Watch
Views: 110621

CCHWF News  

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Columbia Care to Report Second Quarter 2023 Results on August 14, 2023

By Business Wire
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