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Cerberus fails in bid for Dorel as investors balk Kevin Orland, Bloomberg News VIDEO SIGN OUT Cerberus Capital Management LP and the founding family of Dorel Industries Inc. terminated their bid to take private the Canadian toy and bicycle maker after it failed to win enough support from shareholders. Dorel said Monday the buyers pulled the plug on the $453 million (US$357 million) deal after examining the proxy votes that came in by Friday’s deadline. A shareholder meeting had been scheduled for Tuesday morning on the $16-a-share bid. Dorel fell 5.9 per cent to $14.85 as of 9:33 a.m. Tuesday morning in Toronto. Canadian markets were closed on Monday for a holiday.

Jeff segelMartin schwartzBrosseau associates incDorel industries incCerberus capital managementDorel industriesNew york based cerberusQuebec based dorelAssociates incBrandes investment partnersSignature sleepChief executive officer martin schwartzஜெஃப் சேகேல்மார்டின் ஸ்க்வார்ட்ஸ்ப்ரோஸ்ஸோ கூட்டாளிகள் இன்க்தோரேல் தொழில்கள் இன்க்