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Bullboard - Stock Discussion Forum Dye & Durham Ltd T.DND

Alternate Symbol(s):  DYNDF

Technology Software - Application
Dye & Durham Limited is a Canada-based provider of practice management solutions. The Company offers cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The Company provides critical workflow software and information services, which clients use to manage their process, information and regulatory... see more

TSX:DND - Post Discussion

Dye & Durham Ltd > DND Slashes Takeover Offer for Australia Data Firm Link
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Post by SwissBanker96 on Jun 27, 2022 7:14am

DND Slashes Takeover Offer for Australia Data Firm Link

Dye & Durham Slashes Takeover Offer for Australia Data Firm Link

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Source: Bloomberg
 

Canada’s Dye & Durham Ltd. reduced its takeover offer for Australian data-services firm Link Administration Holdings Ltd.

Dye & Durham cut the offer price to A$4.30 ($2.98) per share from its previous bid of A$5.50, according to a statement from Link on Monday.

 

Link shares are down about 16% this month after Australia’s consumer watchdog raised concerns over the merger. A unit of Link has also been served with a group lawsuit relating to its administration of former star UK stock picker Neil Woodford’s collapsed fund.

Link said it would consider Dye & Durham’s request and update shareholders within the next week.

Comment by Possibleidiot01 on Jun 28, 2022 6:36am
Pretty sure , this doesn't help with regulatory approval to purchase the company ; will help profiability if they get approval.
Dye & Durham Ltd