Ducommun Incorporated (DCO) Monday said it received an unsolicited non-binding proposal from Albion River LLC, a private direct investment firm, to acquire the company for $60.00 per share in cash. The company's stock were up more than 15 percent in pre-market at $55.99.
Ducommun, a provider of electronic systems and structural solutions for the aerospace and defense industry, noted that its Board has not taken any decision in this regard.
175-year old Ducommun had reported an all-time record revenue of $757 million in 2023.
RBC Capital Markets, LLC is acting as a financial advisor to Ducommun.
Ducommun shares had closed at $48.58 on Friday. The stock has been trading in a range of $40.24 - $53.96 in the last 1 year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.