Dye & Durham’s Former CFO Seeks Board Changes, Sale of Firm

Dye & Durham’s co-founder and former CFO Ronnie Wahi says he plans to nominate individuals and substantially reconstitute the firm’s board of directors at the co.’s annual shareholder meeting, according to a statement.

• New directors will pursue a sale of the entire business and also seek to unwind any asset sales
• Wahi says Dye & Durham continues to receive interest from qualified buyers at a significant premium to the current share price, but refuses to meaningfully engage with them
• NOTE: Dye & Durham Shares Sink as Filing Delay Threatens Turnaround

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