Aleafia/Emblem Merger Offers Free 8% On The Sidewalk

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About: Emblem Corp. (EMMBF), RKUNF, Includes: CMTA, IPSEY
by: Special Situation Investor
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Special Situation Investor
Long/short equity, special situations, arbitrage, event-driven
Summary

Aleafia/Emblem deal has received the shareholder approval and should close shortly.

Ipsen/Clementia merger offers very high return based on the CVR payment.

Rakuten is an interesting Japanese company that aims to become 4th Japanese mobile network operator and also holds the largest stake in Lyft.

Aleafia (OTCQX:ALEAF) - Emblem (OTCQX:EMMBF) All Stock Merger

Spread: 8%. Closing: a few weeks. Merger consideration: 0.8377 ALEF

This is a micro-cap deal in the Canadian cannabis industry. Despite that, recently