Dye & Durham Announces that Following Indication of Interest from Management to Acquire the Company it is Commencing Strategic Process
TORONTO, May 31, 2021 /CNW/ – Dye & Durham Limited (“Dye & Durham” or the “Company”) (TSX: DND) announced today that, following an indication of interest from a shareholder group led by management to acquire the Company, its board of directors has commenced a process to explore and evaluate potential strategic alternatives focused on maximizing shareholder value. The indication of interest would result in Dye & Durham being taken private at an approximate 23% premium to the current market value,…
