Post by
KnowledgeSeekr8 on Nov 30, 2021 9:54am
DCM competitor RRD receives high bid
So somebody out there views this type of company as worth outbidding another firm for its business.
https://finance.yahoo.com/news/rrd-confirms-receipt-revised-proposal-113000758.html
Comment by
ariesleaf on Nov 30, 2021 10:21am
DCM would need 5 years of growth before they would receive an offer like that.
Comment by
KnowledgeSeekr8 on Nov 30, 2021 3:46pm
I don't know about 5 years, but I think it shows that the space has others looking for candidates to buyout. If the debt gets taken care of in the next 18 months to under $15 million I don't see why it wouldn't be a takeover target Its not like RRD is posting record growth and record profits....