Dye & Durham Hits New Low as Plantro Withdraws Purchase Bid (2)

Oct. 20, 2025, 2:11 PM UTC

(Updates with share price movement.)

Dye & Durham shares fall as much as 18% on Monday, dropping to an all-time low, after Plantro formally withdrew its Sept. 24, 2025 proposal to acquire the legal software provider for total consideration valued at C$10.25 per share.

  • Plantro cites materially deteriorating financial results, sale of credas, lack of board engagement and looming debt default
  • Plantro to evaluate ownership position in Dye & Durham
  • NOTE: Dye & Durham: Taking Action Against Plantro to Enforce Pact
  • NOTE: Dye & Durham Committee Reviewing Plantro’s Acquisition Proposal

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