DMC Receives $10.18/shr Buyout Proposal From Steel Connect

rttnews
2025.02.10 13:40
portai
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DMC Global Inc. announced a non-binding buyout proposal from Steel Connect at $10.18 per share for its remaining common stock. Following the announcement, DMC's shares rose by 9% in pre-market trading, reaching $8.60 on the Nasdaq. The board of directors will review the proposal.