InsideArbitrage Potential Deal Alert: Ducommun (DCO) approached by Albion River for $60 per share in cash

  • April 9, 2024

POTENTIAL DEAL DETAILS

StockDucommun IncorporatedSymbolDCO
Date Announced04/08/2024Source Press Release
TypeUnsolicited BidAcquiring Company/Person Albion River LLC

Ducommun Incorporated (DCO) confirmed that the company’s Board of Directors has received an unsolicited non-binding indication of interest from Albion River to acquire all outstanding shares of Ducommun for $60.00 per share in cash.

Ducommun Investor Relations

Update(s):

April 16, 2024: Ducommun Incorporated (DCO) rejects an unsolicited, non-binding indication of interest dated April 1, 2024, from Albion River to acquire all outstanding shares of Ducommun for $60.00 per share in cash. Following that review, the Board of Directors concluded that the company’s previously disclosed Vision 2027 Strategy reflects a substantially better long-term value creation opportunity for Ducommun’s shareholders.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.