TheDMAWay

Setting the Record Straight – DMA is NOT Being Acquired

by User Not Found | Jun 20, 2017
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FOR IMMEDIATE RELEASE

Fort Wayne, IN— DuCharme, McMillen & Associates, Inc. (“DMA”) today assured its clients and business partners that DMA is not being acquired by Ryan LLC (“Ryan”). While DMA confirmed that it had received two unsolicited offers from Ryan this year, DMA rejected both offers following assessments by both DMA’s board of directors and the independent third-party trustee of DMA’s employee stock ownership plan, GreatBanc Trust Company.  No discussions between DMA and Ryan are ongoing.

DMA’s President and CEO, David Meinika, said, “Ryan has made clear its interest in acquiring DMA, the reasons why it thinks a combination would be beneficial, and the basic terms of its offers. After evaluating those offers, DMA’s position has been and remains an equally clear ‘no, thank you.’ DMA’s prospects as an independent, employee-owned firm are very bright, and we remain focused on continuing to deliver the excellent client-service experiences and results that we have been delivering to our clients for the past 45 years.”

About DMA
Since 1972, DMA has partnered with many of North America’s largest companies to solve their corporate tax challenges. Our practice focuses on six key areas of corporate taxation: property tax, sales/use and commodity tax, state income and franchise tax, tax technology, crown royalties, and unclaimed property. We assist companies with minimizing their taxes, enhancing the efficiency of their tax administration with technology, and managing their tax compliance obligations. To learn more about DMA visit www.DMAinc.com.