DMC Global Responds to Steel Connect’s Unsolicited Acquisition Offers

Broomfield-based DMC Global (NASDAQ: BOOM) announced that its board of directors responded to a press release from Steel Connect Inc. regarding its unsolicited proposals to acquire DMC, made on May 31, 2024, and again on Sept. 17, for the company, or alternatively, its DynaEnergetics and NobelClad businesses. The board stated that since the initial offer,…

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