Ducommun gets $878 million takeover offer from Albion River

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Albion River News

Ducommun,Private Investment Firm

Shares of Ducommun were up about 15% in premarket trading. The proposal, which is under review by the company's board, is valued at $878.4 million, and...

- Aerospace and defense supplier Ducommun said on Monday it had received an unsolicited, non-binding takeover interest from private investment firm Albion River for $60 per share in cash.The proposal, which is under review by the company's board, is valued at $878.4 million, and represents a 23.5% premium to the Ducommun stock's last close. The company's current market cap stands at $711.3 million.

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