M&A
confidence high
sentiment neutral
materiality 0.75
Ducommun confirms receipt of $60/share buyout offer from Albion River LLC
DUCOMMUN INC /DE/
- Unsolicited non-binding proposal to acquire all shares for $60.00 per share in cash.
- Board will review the proposal with legal and financial advisors; no decision made yet.
- Shareholders need not take any action at this time.
- RBC Capital Markets and Simpson Thacher & Bartlett LLP are advising Ducommun.
- Ducommun achieved record revenue of $757M in 2023.