DMC Global Rejects Non-Binding Proposal from Steel Connect
Steel Connect proposal undervalues DMC and denies stockholders participation in the Company’s emerging value creation opportunity Fourth quarter sales and adjusted EBITDA expected to exceed high end of guidance range and demonstrate stabilization of the Company BROOMFIELD,
DMC Global again rejects Steel Connect's offer
DMC Global (NASDAQ:BOOM) rejected a non-binding proposal from Steel Connect to purchase the company for $10.18 a share. DMC Global fell 2.3% in premarket trading. "Despite the Company’s efforts to engage with Steel Connect,
DMC Global rejects Steel Connect takeover bid
BROOMFIELD, Colo. - DMC Global Inc. (NASDAQ:BOOM), a diversified manufacturing firm, has turned down a non-binding takeover proposal from Steel Connect, which sought to purchase all outstanding common stock not already owned by Steel Connect for $10.
DMC Global stock up after latest Steel Connect acquisition offer
BROOMFIELD — DMC Global Inc.’s (Nasdaq: BOOM) stock price was up more than 8% late in the trading day Monday after the Broomfield-based oilfield-services, construction-products and infrastructure operator confirmed that its leaders were considering a new acquisition offer from supply-chain management firm Steel Connect Inc.
DMC Global surges after confirming buyout bid from Steel Connect
DMC Global acknowledges receipt of a non-binding proposal from Steel Connect to acquire all outstanding common shares for $10.18/share in cash.
DMC Global Acknowledges Non-Binding Proposal from Steel Connect
BROOMFIELD, Colo., Feb. 10, 2025 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) (“DMC” or the “Company”) today acknowledged receipt of a non-binding proposal from Steel Connect to acquire all of the outstanding shares of common stock of the Company, not already owned by Steel Connect, for $10.18 per share in cash (the “Proposal”).
DMC Global Rejects Takeover Proposal From Steel Connect
Manufacturing-business owner DMC Global rebuffed the latest takeover bid from Steel Connect as too low. DMC Global said it rejected Steel Connect's non-binding proposal to buy all the shares in the company it doesn't already own for $10.18 each in cash.
DMC Global Stock Rises After Receiving Non-Binding Buyout Proposal From Steel Connect: Retail Turns Bullish
DMC Global (BOOM) shares surged nearly 10% on Monday after the company confirmed it had received a non-binding buyout proposal from Steel Connect. The company said that Steel Connect, its largest shareholder,
Bronstein, Gewirtz & Grossman, LLC Is Investigating DMC Global Inc. (BOOM) And Encourages Stockholders to Connect
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of DMC Global Inc. ('DMC Global' ...
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DMC Global Inc. (BOOM)
BROOMFIELD, Colo., Feb. 06, 2025 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) will announce its 2024 fourth quarter financial results after the stock market closes on Monday, February 24 ...
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DMC Global Inc. (BOOM) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Top investment firms expect non-US stocks to outperform. Here are Morningstar’s top international stock and ETF picks today. We sell different types of products and services to both investment ...
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DMC Global Inc. (NASDAQ:BOOM) Short Interest Up 6.0% in January
DMC Global Inc. (NASDAQ:BOOM – Get Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 732,400 shares ...
DMC Global Inc.: DMC Global Rejects Non-Binding Proposal from Steel Connect
Steel Connect proposal undervalues DMC and denies stockholders participation in the Company's emerging value creation opportunity Fourth quarter sales and adjusted EBITDA expected to exceed high end ...
DMC Global Schedules Fourth Quarter Earnings Release and Conference Call
BROOMFIELD, Colo., Feb. 06, 2025 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) will announce its 2024 fourth quarter financial results after the stock market closes on Monday, February 24, 2025.