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Distribution Solutions Group agrees to go private in USD 35-a-share deal with LKCM Headwater affiliates

PUBT·07/16/2026 11:31:26
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Distribution Solutions Group agrees to go private in USD 35-a-share deal with LKCM Headwater affiliates
  • LKCM Headwater-controlled entities to buy Distribution Solutions Group shares not already owned by LKCM Headwater for USD 35 per share in cash.
  • LKCM Headwater and affiliates hold about 79% of outstanding common stock; deal would take the company private and end its Nasdaq listing.
  • Price is USD 5.5 above the initial USD 29.5 approach on March 14, 2026; about 81% premium to March 13 close of USD 19.31.
  • Closing requires shareholder approval by unaffiliated holders; the deal is not subject to a financing condition.
  • Revolver borrowings under an amended JPMorgan-led credit agreement may be used to fund the transaction.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Distribution Solutions Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607160730BIZWIRE_USPR_____20260715_BW224213) on July 16, 2026, and is solely responsible for the information contained therein.