TORONTO – DH Corp. (TSX:DH) says it has formed a special committee of independent directors to review expressions of interest from third parties to acquire the company.
The company says a formal offer has not been received, but the committee has hired Credit Suisse and RBC Capital Markets as its financial advisers and Stikeman Elliott LLP as a legal adviser.
DH says there are no assurances a transaction will result from the process.
It says it will not make any further comment unless a deal is reached or unless otherwise required by law.
DH — formerly known as Davis + Henderson — was at one time primarily a supplier of cheques, but has since diversified into a technology provider for the financial services industry.