DMC Global再次拒绝Steel Connect的报价

DMC Global (NASDAQ:BOOM) rejected a non-binding proposal from Steel Connect to purchase the company for $10.18 a share. DMC Global fell 2.3% in premarket trading.

"Despite the Company’s efforts to engage with Steel Connect, it has never submitted an actionable proposal to the Board," DMC Global said in a statement on Wednesday.

Steel Connect, which owns a 9.9% stake in DMC Global (NASDAQ:BOOM), disclosed its latest proposal on Friday in a filing.

The latest rejection comes after Steel Connect, which previously had offered $16.50/share, last month reiterated its interest in a potential acquisition of DMC (BOOM) and called on the  company to engage in comprehensive due diligence.

BofA Securities is acting as financial advisor to DMC Global (BOOM).