---
title: "ARC Document Solutions Says Received Non-Binding Proposal From Co's Chairman And CEO Kumarakulasingam Suriyakumar"
description: "ARC Document Solutions Inc has received a non-binding proposal from its Chairman and CEO Kumarakulasingam Suriyakumar to explore a potential acquisition of the company in a going-private transaction a"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/207685678.md"
published_at: "2024-07-01T14:05:27.000Z"
---

# ARC Document Solutions Says Received Non-Binding Proposal From Co's Chairman And CEO Kumarakulasingam Suriyakumar

> ARC Document Solutions Inc has received a non-binding proposal from its Chairman and CEO Kumarakulasingam Suriyakumar to explore a potential acquisition of the company in a going-private transaction at $3.25 per share. The company's Special Committee intends to carefully consider the proposed transaction.

July 1 (Reuters) - ARC Document Solutions Inc (ARC.N) :

-   ARC DOCUMENT SOLUTIONS INC - RECEIVED NON-BINDING PROPOSAL ON APRIL 8, FROM CO’S CHAIRMAN AND CEO KUMARAKULASINGAM SURIYAKUMAR
    
-   ARC DOCUMENT-PROPOSAL OUTLINING SURIYAKUMAR’S INTENT TO EXPLORE,EVALUATE POTENTIAL ACQUISITION OF CO IN GOING-PRIVATE TRANSACTION AT $3.25/ SHARE
    
-   ARC DOCUMENT - ON JUNE 27, ACQUISITION GROUP AGREED IN PRINCIPLE THAT THEY WILL WORK WITH EACH OTHER TO NEGOTIATE AND CONSUMMATE PROPOSED TRANSACTION
    
-   ARC DOCUMENT SOLUTIONS - ACQUISITION GROUP CURRENTLY BENEFICIALLY OWNS ABOUT 19.6% OF CO’S OUTSTANDING SHARES OF COMMON STOCK
    
-   ARC DOCUMENT SOLUTIONS - IN RESPONSE TO PROPOSAL, ON APRIL 8, SPECIAL COMMITTEE OF BOARD WAS FORMED TO REVIEW, EVALUATE PROPOSED TRANSACTION
    
-   ARC DOCUMENT SOLUTIONS INC - SPECIAL COMMITTEE INTENDS TO CAREFULLY CONSIDER PROPOSED TRANSACTION

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.