×
0 0 0 0 0 0 0 0
Stockreport

Dominion Diamond strikes back against takeover bid [CBC (Canadian Broadcasting Corporation)]

DOMINION DIAMOND CORP (DDC)  More Company Research Source: CBC
PDF Dominion Diamond strikes back against takeover bid Offer of $13.50 USD per share by Montana-based The Washington Co. was revealed Sunday The Dominion Diamond Corporation says a reported $1.1 billion takeover bid undervalues the company and is a "highly opportunistic" attempt from a U.S. conglomerate to see its confidential information. The Toronto-based mining company released a statement to shareholders Monday after a weekend disclosure of a Feb. 21 purchase offer from The Washington Co., based in Montana. Dominion Diamond says The Washington Co. wanted access to the mining company's due diligence without respecting customary rules preventing it from using that confidential information to acquire control of Dominion if the deal was not completed. It also said The Washington Co. included conditions which would prevent Dominion from establishing a new CEO and stifle other opportunities to acquire new assets. "Washington Co. Is seeking a self-interested 'free option' to learn of Dominio [Read more]

IMPACT SNAPSHOT EVENT TIME: DDC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
DDC alerts
from News Quantified