Albion River LLC's affiliate, Ignium LP, proposed to acquire Ducommun (DCO) for $60 per share

Key Summary: On April 1, 2024, Albion River LLC's affiliate, Ignium LP (9%), expressed interest in acquiring Ducommun through a letter to the Board.

Market Cap: $817 million | Ducommun Incorporated provides engineering and manufacturing services for products and applications used primarily in the aerospace and defense, industrial, medical, and other industries in the United States.

On April 1, 2024, Albion River LLC's affiliate, Ignium LP, (9%) expressed interest in acquiring the company through a letter addressed to the Board of Directors. The letter highlighted concerns about Ducommun's valuation in the public market. Albion proposed a cash acquisition of all outstanding shares at $60 per share.