Mill Road submitted an offer to acquire all shares of the Lifetime Brands (LCUT) stock at a cash price of $20.00 per share.
Update(s):
April 18, 2017: Lifetime Brands, Inc. (LCUT), a leading global provider of branded kitchenware, tableware and other products used in the home, today announced that its Board of Directors unanimously rejected an unsolicited and non-binding proposal from Mill Road Capital Management LLC to acquire all of the outstanding shares of Lifetime that it does not already own for a $20.00 per share price in cash.