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4th Of July Mattress Sales: 40 Savings Events To Shop This Weekend

4th Of July Mattress Sales: 40 Savings Events To Shop This Weekend
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Memorial Day Mattress Sales 2021: 59 Still Happening Now

Cerberus fails in bid for Dorel as investors balk

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.

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