(Updates to include share move.)
Dye & Durham shares fall as much as 12%, after the company said it’s not in discussions or negotiations with any third party after it received an offer to take the company private for C$20 a share. The stock jumped 25% on Monday.
- Dye & Durham said it received an “unsolicited, non-binding, conditional and indicative proposal, lacking in any material detail as to its financing”
- Company said it doesn’t intend to make any further public announcements unless warranted
- NOTE:
Dye & Durham Said to Receive Take-Private Offer From Plantro (1)
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