Distribution Solutions Group Confirms Receipt of Unsolicited Non-Binding Proposal from LKCM Headwater Investments

FORT WORTH, Texas--(BUSINESS WIRE)--Distribution Solutions Group, Inc. (NASDAQ: DSGR) ("DSG" or the "Company"), a premier specialty distribution company, today confirmed that LKCM Headwater Investments, LLC (“LKCM”) has submitted to the Company an unsolicited, non-binding proposal to acquire all of the outstanding shares of DSG not already owned by LKCM for $29.50 per share. Consistent with its fiduciary duties and in consultation with its independent and legal advisors, the DSG Board of Direct.
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