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
Canadian technology firm Dye & Durham Ltd. said it received an unsolicited takeover bid for $20 a share, but that it isn’t in negotiations with any buyer.
Software maker Dye & Durham gets unsolicited $940 million go-private offer
The company's second-largest shareholder, Plantro, has submitted a bid to take it private, Bloomberg News reported on Monday. This offer, however, undervalues the company, analysts at Raymond James said in a note.
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. Bloomberg News reported Monday that a company controlled by former Chief Executive Officer Matt Proud made the buyout approach in a letter to the board.
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 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 acknowledges receipt of unsolicited C$20/share acquisition proposal
Dye & Durham Limited (TSX: DND) confirmed today that it had received an unsolicited proposal to purchase the company. The proposal, which lacks substantive detail regarding its financing, suggests a purchase price of C$20 per common share.
Software Maker Dye & Durham Gets Unsolicited $940 mln 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.
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Plantro Announces a Decrease in its Holdings of Dye & Durham Limited
ST. MICHAEL, Barbados, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Plantro Ltd. (“Plantro”) announced today a decrease in its holdings of common shares (“Common Shares”) in the capital of Dye ...
Dye & Durham received US$940 million bid, says it’s not in deal talks
Canadian technology firm Dye & Durham Ltd. said it received an unsolicited takeover bid for $20 a share, but that it isn’t in ...