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Undeterred by rejection of its $878 million buyout offer for Ducommun Inc. (NYSE: DCO) earlier this month, private equity firm Albion River LLC said it’s taking its case directly to shareholders of the Santa Ana-based aerospace and defense company that traces its origin to California’s gold rush.
Ducommun, the aerospace, defense and industrial component maker based in Santa Ana, sees “strong years ahead” with a giant backlog of orders and a jump in quarterly revenue.
BLR, founded in 1992, makes aerodynamic systems that enhance the productivity, performance and safety of helicopters and airplanes, serving commercial and military customers.