M&A
confidence high
sentiment neutral
materiality 0.85
Ducommun confirms unsolicited $65.00/share revised bid from Albion River LLC
DUCOMMUN INC /DE/
- Albion River LLC offers to acquire all DCO shares for $65.00 per share in cash.
- Board will review proposal with legal/financial advisors; no decision made yet.
- Ducommun reported 2023 record revenue of $757M and market cap rise from $605M to $760M.
- Company urges shareholders to take no action at this time.