Forum Home Page [see Broadridge note belo

w]

The Shareholder Forumtm

support for fair value realization

of stock investments in

DBM Global Incorporated

(f/k/a Schuff International Inc.)

 

 

Support of Minority Shareholder Interests

The Shareholder Forum had offered to support Appraised Value Rights ("AVR") of DBM (f/k/a Schuff International) minority shareholders in 2014 following a $31.50 per share tender offer by the company's controlling shareholder, HC2 Holdings, Inc., with the stated intent to proceed with a short-form merger "as soon as practicable.”

HC2 acquired DBM shares in the 2014 tender offer and other purchases bringing its total holdings to 92% of outstanding DBM shares, but has not proceeded with a merger. The Forum has continued to support the minority shareholder interests of its AVR participants in this context.

 

     
Forum Home Page [see Broadridge note belo

w]

The Shareholder Forumtm

support for appraised intrinsic value realization

of stock investments in

DBM Global Incorporated

(f/k/a Schuff International Inc.)

 

 

AVR Status

Following its $31.50 per share tender offer to acquire 89% of Schuff stock and subsequent open market purchases to secure 90.6% ownership, HC2 Holdings, Inc., has stated its intent to proceed with a short-form merger "as soon as practicable.”

Upon HC2's notice of merger, the Forum will support demands for appraisal of DBM (f/k/a Schuff) stock for which Participants have reserved AVR Management.

 

     

Forum distribution:

HC2 changes name of Schuff and plans to change stock ticker symbol

 

 

Source: Schuff International (published by Marketwired): September 15, 2016 press release


News Room

SOURCE: Schuff International

September 15, 2016 17:05 ET

Schuff International Changes Name to DBM Global Incorporated

PHOENIX, AZ--(Marketwired - Sep 15, 2016) - Schuff International, Inc. (OTC PINK: SHFK), a family of companies providing fully integrated steel construction services, and an operating subsidiary of HC2 Holdings, Inc. (NYSE MKT: HCHC), today announced that it has formally changed its name to DBM Global Inc., effective September 1, 2016.

DBM Global companies include Schuff Steel Company, Schuff Steel Management Company and Aitken, as well as a Panamanian joint-venture, Schuff Hopsa Engineering. DBM Global will continue to trade over the counter under its current ticker "SHFK", until a new ticker is assigned. The Company expects to formally launch its new brand in October 2016.

About DBM Global Inc.

DBM Global Inc. and its family of companies are focused on delivering world class, sustainable value to its clients through a highly collaborative portfolio of companies which provide better designs, more efficient construction and superior asset management solutions. The Company offers integrated steel construction services from a single source and professional services that include design-assist, design-build, engineering, BIM participation, 3D steel modeling / detailing, fabrication, advanced field erection, project management and state-of-the-art steel management systems. Major market segments include commercial, healthcare, convention centers, stadiums, gaming and hospitality, mixed use and retail, industrial, public works, bridges, transportation, and international projects.

Headquartered in Phoenix, Arizona, the Company has operations in Arizona, California, Georgia, Kansas, and Texas, with construction projects primarily located in the aforementioned states, in addition to international construction projects in select markets, primarily Panama, through its Panamanian joint venture Schuff Hopsa Engineering.

For additional information on DBM Global's majority shareholder, HC2 Holdings, Inc. (NYSE MKT: HCHC) visit http://www.hc2.com.


Contact Information

Contact:
DBM Global Inc.
Michael R. Hill
VP and CFO
(602) 252-7787
Email: Email Contact

 

Copyright ©2016 Nasdaq, Inc. All rights reserved.


 
 

 

The project supporting investor interests in Schuff International, Inc. is being conducted by the Shareholder Forum for the benefit of Participants that have reserved Appraised Value Rights ("AVR") Managment, subject to conditions including standard Forum policies that each Participant is expected to make independent use of information obtained through the Forum and that participation is considered private unless the Participant specifically authorizes identification.

Inquiries may be sent to shfk@shareholderforum.com.

The information provided to Forum participants is intended for their private reference, and permission has not been granted for the republishing of any copyrighted material. The material presented on this web site is the responsibility of Gary Lutin, as chairman of the Shareholder Forum.

Shareholder Forum™ is a trademark owned by The Shareholder Forum, Inc., for the programs conducted since 1999 to support investor access to decision-making information. It should be noted that we have no responsibility for the services that Broadridge Financial Solutions, Inc., introduced for review in the Forum's 2010 "E-Meetings" program and has since been offering with the “Shareholder Forum” name, and we have asked Broadridge to use a different name that does not suggest our support or endorsement.

 

 

 

The project supporting investor interests in DBM Global Incorporated (f/k/a Schuff International, Inc.) is being conducted by the Shareholder Forum for the benefit of Participants that have reserved Appraised Value Rights ("AVR") Management, subject to conditions including standard Forum policies that each Participant is expected to make independent use of information obtained through the Forum and that participation is considered private unless the Participant specifically authorizes identification.

Inquiries may be sent to shfk@shareholderforum.com.

The information provided to Forum participants is intended for their private reference, and permission has not been granted for the republishing of any copyrighted material. The material presented on this web site is the responsibility of Gary Lutin, as chairman of the Shareholder Forum.

Shareholder Forum™ is a trademark owned by The Shareholder Forum, Inc., for the programs conducted since 1999 to support investor access to decision-making information. It should be noted that we have no responsibility for the services that Broadridge Financial Solutions, Inc., introduced for review in the Forum's 2010 "E-Meetings" program and has since been offering with the “Shareholder Forum” name, and we have asked Broadridge to use a different name that does not suggest our support or endorsement.