Shares of D.G. Jewellery of Canada Ltd. spiked inexplicably last Tuesday, and D.G. Chairman and CEO Jack Berkovits was as perplexed as anyone. And while the U.S.$35 million market cap jewelry manufacturer revealed or implemented nothing material to warrant the spike, Berkovits said, “We have some incredible, substantial news that we’ll be announcing.” When asked if that upcoming announcement will be M&A-related, he responded, “To some degree, yes.” He declined to elaborate.
To read the entire story, you must be logged in.
Please log in now or register with us.
