Dye & Durham is fully committed to a comprehensive strategic review process and CIBC, the company’s financial adviser, has engaged directly with Plantro to understand its proposal, it says in a
- “Plantro’s press release contains several factual inaccuracies,” the letter says
- Company says it is permitted to use up to $30 million of the Credas sale proceeds to repay the revolving credit facility
- The repayment of the $30 million from Credas proceeds takes the revolver draws below 35%
- Dye & Durham says it will remain in compliance at March 31, 2026 with the ...