Rimon Deal Featured in DBR Daily Business Review

The Deal: Rimon Partner Mark Mirkin represented the compensation committee of Dyadic International Inc.’s board of directors as the Jupiter-based company prepared to sell its industrial technology business to DuPont for $75 million in cash.

Shareholders approved the sale Dec. 11, and the deal closed Dec. 31.

Details: The sale of most of its business provides funds for a much smaller Dyadic to reposition itself as a biopharmaceutical business.

Read the full article here.