Dye & Durham Received $940 Million Bid, Says It’s Not in Deal Talks
Canadian technology firm Dye & Durham Ltd. confirmed that it received an unsolicited takeover bid for C$20 a share, but said it isn’t in negotiations with any buyer. The shares dropped.
Software maker Dye & Durham gets unsolicited $940 million go-private offer
Software maker Dye & Durham has received an unsolicited bid to take it private in a deal valued at C$1.34 billion, or C$20 per share, the Canadian company said on Tuesday, without disclosing the details of the bidder.
Dye & Durham jumps on report of C$20 a share offer from former CEO
Dye & Durham (DYND) soared 35% after a report that a large shareholder made an offer to purchase the company for C$20 a share in cash. Plantro Ltd, which is controlled by Dye & Durham's former CEO Matt Proud,
Dye & Durham Receives Take-Private Offer From Plantro
A major shareholder of software company Dye & Durham Ltd. made an approach to take the company private at a 70% premium to last week’s closing price, according to people with knowledge of the matter.
Dye & Durham received $1.3B takeover bid, but says it’s not in talks
Bloomberg News reported Monday that a company controlled by former chief executive Matt Proud made the buyout approach in a letter to the board. The offer values Toronto-based Dye & Durham at about $1.34 billion, which would be a 37 per cent premium to Monday’s closing price.
Dye & Durham Says it Has Received an Unsolicited Acquisition Proposal
The Canadian cloud-based platform said Tuesday that it received an unsolicited bid by an unidentified party to acquire the company for 20 Canadian dollars a share ($14.02). The proposal was non-binding, conditional and indicative, but lacked any material detail, Dye & Durham said.
Dye & Durham shareholder makes offer to take company private at major premium
Plantro Ltd., controlled by former Dye & Durham chief executive officer Matthew Proud, says it is would offer $20 a share, days after Dye & Durham again shook up its board
Dye & Durham receives unsolicited takeover offer for company
Dye & Durham Ltd. says it has received an unsolicited offer to buy the company, but that it is not in talks regarding any such deal.
More board turmoil at Dye & Durham as recently elected chair, interim CEO steps down
The company said Friday that chair and interim director Hans Gieskes has left both positions, though the former chief ...
DYE & DURHAM RESPONDS TO MEDIA REPORT
Dye & Durham Limited (the "Company" or "Dye & Durham") (TSX: DND), at the request of CIRO, today responded to a media report related to the receipt of an unsolicited proposal to purchase the Company.
Dye & Durham Appoints Sid Singh as Interim CEO, Arnaud Ajdler as Chair
Dye & Durham appointed Sid Singh as its interim chief executive, effective immediately, and Arnaud Ajdler as chair, succeeding Hans Gieskes who held both roles following a recent activist investor-led ...
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Dye & Durham names Sid Singh as new interim chief executive
Dye & Durham Ltd. has named Sid Singh as interim chief executive officer, effective immediately.  The software company has ...
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Dye & Durham Appoints Sid Singh To Succeed Hans Gieskes As Interim CEO
(RTTNews) - Dye & Durham Ltd. (DND) announced Friday the appointment of Sid Singh as Interim Chief Executive Officer, effective immediately. Singh will remain a director of the Company and succeed ...