Steel Connect continues DMC Global acquisition effort, blasts board
In a letter to DMC Global Inc.’s (Nasdaq: BOOM) board of directors, Warren Lichtenstein, the executive chairman of supply-chain management firm Steel Connect Inc., reiterated his company’s desire to acquire all or part of DMC’s business and took leaders of the Broomfield-based oilfield-services, construction-products and infrastructure operator to task for “the continued destruction of stockholder value.”
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