The preliminary offer -- which values the maker of car seats, strollers, bicycles and home furniture at approximately $470 million -- is subject to further negotiation between Dorel's independent directors and the family that controls Dorel through multiple-voting shares.
A Dorel media representative said it had no further comment Monday but more details may be discussed during Dorel's third-quarter report on Friday. "Part of going private like this, and I've talked to a bunch of companies that have done it, is you don't have to worry about quarterly results, you don't have to worry about defending what you're doing for longer-term strategy," Moore said.
The company's shares have been rising since the class B subordinate shares hit an intraday low of $1.25 earlier this year.
mhm
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: nationalpost - 🏆 10. / 80 더 많은 것을 읽으십시오 »