{"id":3336,"date":"2021-10-08T12:27:16","date_gmt":"2021-10-08T12:27:16","guid":{"rendered":"https:\/\/dyedurham.com\/?p=3336"},"modified":"2022-05-12T12:31:20","modified_gmt":"2022-05-12T12:31:20","slug":"completion-of-special-committee-process","status":"publish","type":"post","link":"https:\/\/dyedurham.com\/completion-of-special-committee-process\/","title":{"rendered":"Dye &#038; Durham Announces Completion of Special Committee Process"},"content":{"rendered":"<p>Dye &amp; Durham announced today that the Special Committee (the &#8220;<b>Special Committee<\/b>&#8220;) of the Board of Directors (the &#8220;<b>Board<\/b>&#8220;) formed on\u00a0<span class=\"xn-chron\">May 31, 2021<\/span>\u00a0has completed its strategic process.<\/p>\n<p>The Special Committee was formed in response to an indication of interest from a shareholder group led by management of the Company, first announced on\u00a0<span class=\"xn-chron\">May 31, 2021<\/span>\u00a0(the &#8220;<b>Management Proposal<\/b>&#8220;).\u00a0 The\u00a0Special\u00a0Committed\u00a0was mandated to undertake a process, with the assistance of independent legal and financial advisers, to review and assess the Company&#8217;s current business strategy and possible alternatives thereto. \u00a0In furtherance of its mandate, the Special Committee considered the Management Proposal and other strategic alternatives including a sale of Dye &amp; Durham to other parties, other strategic transactions and maintenance of the status quo.<\/p>\n<p><a href=\"https:\/\/www.newswire.ca\/news-releases\/dye-amp-durham-announces-completion-of-special-committee-process-897201985.html\" target=\"_blank\" rel=\"noopener\">Read full Press Release<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dye &amp; Durham announced today that the Special Committee (the &#8220;Special Committee&#8220;) of the Board of Directors (the &#8220;Board&#8220;) formed on\u00a0May 31, 2021\u00a0has completed its strategic process. The Special Committee&#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[12],"class_list":["post-3336","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dye &amp; Durham Announces Completion of Special Committee Process - Dye &amp; Durham<\/title>\n<meta name=\"description\" content=\"Special Committee has completed its strategic process.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dyedurham.com\/completion-of-special-committee-process\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dye &amp; 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