Revised Dorel privatization proposal gets thumbs down from advisory firm Glass Lewis - Medicine Hat NewsMedicine Hat News medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.
MONTREAL Investor advisory firm Glass Lewis is recommending Dorel Industries Inc. shareholders vote against a revised proposal to take the company private. The advisory firm calls the amended proposal price pump to $16 per share from $14.50 “a more pragmatic reassessment of the company’s erstwhile effort to buttress the fundamental privatization narrative.” Glass Lewis, […]
Consumer goods maker and injection molder Dorel Industries Inc. said a buyers group led by senior executives and a private equity firm are increasing their offer to take the company private.
Why are investors drawn to cycling?
Cycling is at the confluence of several key trends that investors have wanted to get behind. One is consumer focus on overall wellness and physical fitness, which has been a great tailwind for the market. Many fitness regiments include cycling as a key component, whether its outdoor biking or indoor cycling with a product like Peloton.
Another key trend is mobility. Cycling is becoming much more accepted in the urban and suburban environments as a way of getting around. This trend started in Europe and is now becoming more prominent in the US. From an urban mobility standpoint, cycling plays into that landscape quite well.