Albion River LLC, owning 9.2% of Ducommun Inc. shares, rejected the $878M buyout bid by Albion.

Albion River LLC, through affiliate Ignium LP, owns over 9.2% of Ducommun Inc.'s shares. Ducommun, a leading aerospace and defense company, rejected Albion's $878M buyout bid. Albion encourages management to publicly disclose other offers and proposes converting stock-based compensation to options at $60 strike price. Albion plans to engage at Ducommun's AGM on April 24th.

April 22, 2024
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