DMC Defends Board Actions, Assures Shareholders of Strategic Review

DMC Global Inc. (Nasdaq: BOOM) has responded to Steel Connect Inc.’s recent letter to DMC stockholders. The company’s board emphasized that, in accordance with its fiduciary duties, it routinely engages with third parties, including Steel Connect, that show interest in Broomfield-based DMC and its businesses. Steel Connect, which holds a 9.9% stake in DMC, reiterated…

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