other material
confidence high
sentiment neutral
materiality 0.40
DILLARD'S, INC. (DDS): M&A transaction — Dillard's completes merger with family holding company W.D. Company, Inc.
DILLARD'S, INC.
- Merger of W.D. Company, Inc. into Dillard's completed June 4, 2026.
- 41,494 Class A and 3,985,758 Class B shares issued to former WDC shareholders.
- No dilution to existing Dillard's shareholders; total shares outstanding decreased slightly.
- Former WDC shareholders have slightly lower percentage interest in voting power and book value.