BUZZ-Distribution Solutions soars after LKCM Headwater's take-private deal
Distribution Solutions Group, Inc. DSGR | 0.00 |
** Shares of specialty distribution company Distribution Solutions DSGR.O soar 25.4% to $34.46 premarket
** LKCM Headwater Investments-controlled entities to take DSGR private by acquiring all outstanding shares for $35/shr in cash
** Deal represents an over 27% premium to DSGR's last close of $27.48
** LKCM Headwater and its affiliates currently own about 79% of DSGR's outstanding common stock; stock to be delisted from Nasdaq after transaction is completed
** DSGR stands at a market capitalization of $1.27 bln with over 46 mln shares outstanding as of last close, per LSEG data
** Two analysts rate stock "strong buy", one "hold", median PT at $33 - LSEG-compiled data
** DSGR stock little changed in 2026, as of last close
