Ducommun rises after Albion River's $60/shr unsolicited takeover offer

Ducommun Incorporated

08/04/2024 11:31

** Shares of aerospace, defense firm Ducommun Inc  DCO.N  up
~15% to ~$56 in premarket trade 
    ** Co on Monday received an unsolicited, non-binding
takeover interest from private investment firm Albion River for
$60 per share in cash
    ** DCO, founded in 1849, provided aircraft aluminium to
early aerospace pioneers like Lindbergh, Douglas and Lockheed,
as per its website
    ** YTD, DCO down ~6.7% 

 (Reporting by Nathan Gomes in Bengaluru)
 ((Nathan.Gomes@thomsonreuters.com;))