31/05/2021

Dye & Durham Announces that Following Indication of Interest from Management to Acquire the Company it is Commencing Strategic Process

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Dye & Durham announced today that, following an indication of interest from a shareholder group led by management to acquire the Company, its board of directors has commenced a process to explore  and  evaluate  potential  strategic  alternatives  focused on maximizing shareholder value. The indication of interest would result in Dye & Durham being taken private at an approximate 23% premium to the current market value, being a per share value of $50.50.

The strategic process will be led by a newly formed special committee of independent directors, and is fully supported by the Company’s management team. The alternatives to be explored in connection with the strategic process could include, among other things, the sale  of  part  or  all  of  the  Company,  a  sale  of  some  of  the  assets  of  the  Company,  a  merger  or  other business combination with another party, or other strategic transactions.

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20/03/2024
Press Releases

Dye & Durham Announces Marketing of New Credit Facility

TORONTO, March 20, 2024 /CNW/ – Dye & Durham Limited (“Dye & Durham” or “Holdings“), (TSX: DND) today announced that Dye & Durham Corporation (the “Company“), a wholly-owned subsidiary of Holdings, commenced the marketing…

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15/03/2024
Press Releases

Dye & Durham Provides an Update on Board Matters

TORONTO, March 15, 2024 /CNW/ – Dye & Durham Limited (“Dye & Durham” or the “Company”) (TSX: DND) announced today that, (i) the Chair of the Company’s board of directors…

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13/02/2024
Press Releases

Dye & Durham Reports Second Quarter Fiscal 2024 Financial Results

Revenue up 17% to $110 million, taking into consideration the TM Group divestiture Annual Contracted Revenue of $203 million1, or 49% of total revenue as of December 31, 2023 ARR was $112 million, or…

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06/02/2024
Press Releases

Dye & Durham Announces Closing of Approximately $145 Million Bought Deal Including Full Exercise of Over-Allotment Option

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Feb. 6, 2024 /CNW/ – Dye & Durham Limited (“Dye & Durham” or the “Company“) (TSX: DND) announced today…

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31/01/2024
Press Releases

Dye & Durham to Host Second Quarter Fiscal 2024 Conference Call

TORONTO, Jan. 31, 2024 /CNW/ – Dye & Durham Limited (TSX: DND) (“Dye & Durham” or the “Company”), one of the world’s largest providers of cloud-based legal practice management software designed to make managing…

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17/01/2024
Press Releases

Dye & Durham Announces Approximately $126 Million Bought Deal Offering of Common Shares

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ Proceeds intended to be used for the repayment of debt Offering is in line with the Company’s…

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16/01/2024
Press Releases

Dye & Durham Announces Results of Substantial Issuer Bid

TORONTO, Jan. 16, 2024 /CNW/ – Dye & Durham Limited (the “Company” or “Dye & Durham“) (TSX: DND) announced today that its substantial issuer bid (the “Offer“) to purchase up to $160,000,000 in aggregate principal amount…

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05/01/2024
Press Releases

Dye & Durham Increases Offer to Purchase 3.75% Senior Unsecured Convertible Debentures due March 1, 2026

In response to demand, Offer increased to acquire up to $160 million (increased from $100 million) aggregate principal amount of the Original Debenture $140 million aggregate principal amount of the 6.50% senior unsecured extendible…

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19/12/2023
Press Releases

Dye & Durham Announces Voting Results from its Annual General Meeting of Shareholders

TORONTO, Dec. 19, 2023 /CNW/ – Dye & Durham Limited (TSX: DND) (“Dye & Durham” or the “Company“) announced today the results of voting at its annual general meeting of shareholders held on December…

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07/12/2023
Press Releases

Dye & Durham Provides Progress Update Regarding Debt Profile and Strategic Review

41% of the Company’s debt is now fixed rate debt, an increase from 24% previously, reducing the volatility of the Company’s debt service costs Appoints John Robinson as CEO of Canadian financial…

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13/11/2023
Press Releases

Dye & Durham announces strategic review of non-core assets to significantly expedite deleveraging plan

Review to examine ways to generate additional capital to achieve stated goal of total net debt to adjusted EBITDA ratio of four times or less Review will examine variety of…

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06/11/2023
Press Releases

Dye & Durham commences previously announced issuer bid as part of stated plan to improve balance sheet flexibility

TORONTO, Nov. 6, 2023 /CNW/ – Dye & Durham Limited (“Dye & Durham” or the “Company“) (TSX: DND), one of the world’s largest providers of cloud-based legal practice management software designed to make managing…

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