Dye & Durham Pauses Review, Received ‘Significant’ Interest

Dye & Durham paused its strategic review process until the completion of the 2024 annual meeting and the election of the new board of directors.

• Received “significant inbound interest” from multiple parties “at attractive premiums to the market price of its shares”
• Board decided to pause process citing the current activist situation and in response to feedback from a select group of shareholders

To view the source of this information, click here

To contact the reporter on this story:
Ilya Banares in Toronto at ibanares@bloomberg.net

To contact the editor responsible for this story:
Zachary Fleming at zfleming2@bloomberg.net

© 2024 Bloomberg ...