FINWIRES · TerminalLIVE
FINWIRES

D2L Up 15% After Confirming Unsolicited, Non-Binding Proposal To Take It Private

-- D2L Inc. (DTOL.TO), a global learning technology company, was at last look up near 15% after it responded Tuesday, at the request of the Canadian Investment Regulatory Organization (CIRO), to a media report related to the receipt of an unsolicited proposal to buy it.

In a statement DTOL said: "While it is the company's policy not to comment on market speculation or rumors, D2L confirms that it received an unsolicited, non-binding proposal from a third party regarding a take-private transaction. The proposal was not initiated or solicited by the company and the company is not in discussions or negotiations with any party regarding a transaction of the nature described in the media report."

Price: $10.10, Change: $+1.29, Percent Change: +14.64%

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