India, Feb. 10 -- DMC Global Inc. (BOOM), a holding company, Monday announced the receipt of a non-binding $10.18 per share in cash proposal from Steel Connect for all remaining shares of DMC's common stock.

Shares of DMC Global are increasing by 9% in the pre-market trading.

DMC's board of directors will review the proposal.

In the pre-market trading, DMC Global is 8.59% higher at $8.60 on the Nasdaq.

For comments and feedback contact: editorial@rttnews.com

Published by HT Digital Content Services with permission from RTT News....