Dorel Announces Increase in Purchase Price for Going-Private Transaction
Share: MONTRÉAL, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX:DII, DII.A)) (" Dorel") announces that it has entered into an amendment (the " Amending Agreement") to the arrangement agreement dated November 12, 2020 (the " Arrangement Agreement") under which a buyer group (the " Buyer Group") led by an affiliate of funds managed by Cerberus Capital Management, L.P. (" Cerberus") has agreed to acquire, for an increased purchase price of C$16.00 in cash per share, all of Dorel's issued and outstanding Class A Multiple Voting Shares and Class B Subordinate Voting Shar...
Source: benzinga.com