DuPont announces increase in offer to $21.75 Canadian per common share
DuPont announced that DCI Acquisition Inc. had increased its offer from Canadian $21 to Canadian
$21.75 per common share in cash for all the class A common shares, Series 1 of
DuPont Canada not owned by DuPont or its affiliates. In connection with the increase in the offer price, the offer period has been extended to Monday, June 16, at 10 p.m. (Toronto time). DuPont indicated the offer was final, and that the offer period would not be further extended.
A formal Notice of Extension and Variation of the DuPont offer is expected to be mailed to DuPont Canada's shareholders on June 3.