In the offer document dated Oct 2, Hanwha Group has kept its offer price of 60 cents for Dyna-Mac’s shares, although it has not said this is the final offer. However, as of Oct 2, no third party has announced an offer for Dyna-Mac. The offer currently represents the only offer available for acceptance by shareholders.
Quoteworthy: I hope and expect that the next step for OpenAI would be to go public. Having the opportunity for every retail investor in America to share in the upside that gets created by AI at a time we’re going to have massive social disruption, jobs lost and other things, I think it’s critically important. –— Brad Gerstner, CEO and founder of Altimeter Capital
Stand-off as Hanwha keeps 60-cent offer price for Dyna-Mac in offer document
