News & Insights

Markets
BOOM

DMC Receives $10.18/shr Buyout Proposal From Steel Connect

February 10, 2025 — 08:36 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - DMC Global Inc. (BOOM), a holding company, Monday announced the receipt of a non-binding $10.18 per share in cash proposal from Steel Connect for all remaining shares of DMC's common stock.

Shares of DMC Global are increasing by 9% in the pre-market trading.

DMC's board of directors will review the proposal.

In the pre-market trading, DMC Global is 8.59% higher at $8.60 on the Nasdaq.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

Markets
RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source->

Stocks mentioned

BOOM

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

  • •

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.