Liars and thieves!!! The company said that Dorel will maintain its second manufacturing facility in Huangshi, China, as well as its product sourcing and quality control organizations in China that service all three of its business segments: Dorel Sports, Dorel Home and Dorel Juvenile.
Sold 6 months later!
December 6 2020
The Family Shareholders have advised the Special Committee that they are not interested in any alternative transaction, including the sale of their interests in Dorel or the sale of any of Dorel’s businesses segments or material assets.
Sports sold less than a year later for 3 times the fair market value by TD securities!
recently during announcements of sale of sports
november 2021:
To be clear, at this time, we are not pursuing a monetization of our Home and Juvenile segments.
Just fun to look back