Driven Brands rejects ADW's $18/share unsolicited offer (DRVN:NASDAQ)
· seekingalpha.com
Driven Brands (DRVN) rejects ADW Capital’s $18/share buyout bid, calling it conditional and undervalued.
Driven Brands (DRVN) said its board unanimously rejected a non-binding proposal from ADW Capital Management to acquire the company for $18 a share.
"Following ...