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Dye & Durham undertakes to sell TM Group following UK regulatory review
Dye & Durham undertakes to sell TM Group following UK regulatory review Dye...
About this update from Dye & Durham Ltd.
[{"type":"text","content":"\n \n \n \n Dye & Durham undertakes to sell TM Group following UK regulatory review\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n Dye & Durham undertakes to sell TM Group following UK regulatory review\n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Oct. 13, 2022\n \n \n /CNW/ - Dye & Durham Limited (\"\n \n Dye & Durham\n \n \" or the \"\n \n Company\n \n \") (TSX: DND) a leading provider of cloud-based, efficient workflow software for legal and business professionals, today announced that, following the completion of the\n \n United Kingdom's\n \n Competition and Markets Authority's (\"CMA\") review of Dye & Durham's acquisition of TM Group (UK) Limited (\"TMG\"), it has made an undertaking to the CMA to sell TMG in its entirety.\n \n \n \"TMG is a profitable and well-run technology company which is what attracted us to it originally. We are confident TMG will thrive in the hands of a new owner,\" said\n \n Matthew Proud\n \n , CEO of Dye & Durham.\n \n \n Dye & Durham plans to shortly initiate the process to sell TM Group. Interested parties can submit inquiries at\n \n [email protected]\n \n .\n \n \n \n Forward Looking Information\n \n \n \n This press release may contain forward-looking information within the meaning of applicable securities laws, which reflects the Company's current expectations regarding future events, including regarding the sale of TMG. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward looking terminology such as \"plans\", \"targets\", \"expects\" or \"does not expect\", \"is expected\", \"an opportunity exists\", \"is positioned\", \"estimates\", \"intends\", \"assumes\", \"anticipates\" or \"does not anticipate\" or \"believes\", or variations of such words and phrases or state that certain actions, events or results \"may\", \"could\", \"would\", \"might\", \"will\" or \"will be taken\", \"occur\" or \"be achieved\". In addition, any statements that refer to expectations, projections or other characteriz...