Hey there. So, it looks like with 250 Aphria shares, you're going to receive 209.5 (not sure what they'll do with the half share, maybe pay you out in cash) of Tilray if the deal goes through. Here's the final verdict on that:
"Under the terms of the deal, Aphria shareholders will get 0.8381 shares of Tilray for each Aphria common share they hold. Once the deal concludes, Aphria shareholders will own approximately 62 per cent of the outstanding Tilray shares, resulting in a reverse acquisition of Tilray."
Aphria is essentially becoming a unit of Tilray.
If you're bullish on Aphria, which I imagine you are considering your share ownership, this is likely a good thing. The 2 companies state this will save them about $100 million in costs a year and combined, they'll have a near 20% market share on the Canadian market.
With these companies combined, I expect it will give them easier access to the United States if cannabis makes waves down there as well. It's kind of a weird situation, Aphria bought Tilray, yet Aphria is dissolving their name and using Tilrays. This is because Tilray has a stronger brand down south.