Aerospace supplier Ducommun receives unsolicited $60/share acquisition proposal from Albion River LLC.

Ducommun Incorporated, an aerospace and defense industry supplier, has received an unsolicited non-binding acquisition proposal from Albion River LLC, a private direct investment firm, offering $60.00 per share in cash. The company's stock rose over 15% in pre-market trading at $55.99. Ducommun is currently considering the proposal, with its Board of Directors yet to make a decision. The 175-year-old company reported an all-time record revenue of $757 million in 2023 and is advised by RBC Capital Markets, LLC.