Report: Two Dorel Shareholders Snub Upped Offer
Two large institutional DII shareholders, Letko, Brosseau & Associates and Brandes Investment Partners, said that Cerberus’ new offer of C$16.00 per share still significantly undervalues the company, Bloomberg reported. Letko, Brosseau owns about 12.2% of Dorel’s shares and Brandes another ... Log in to view full article.