Settlement Bid In Del. Cannabis Co. Suit Boosted To $39.9M

By Jeff Montgomery (December 21, 2022, 4:06 PM EST) -- Stockholders of Canadian cannabis venture Tilray Inc. and its special litigation committee disclosed an increased $39.9 million settlement proposal Wednesday for a Delaware Court of Chancery suit accusing controlling investors and key directors of lining up a merger that unfairly benefited the company's private equity founders....

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