Distribution Solutions Group, INC Schedule 13D activist filings

Distribution Solutions Group, Inc. has entered into a merger agreement where all outstanding shares will be acquired for $35.00 cash per share.

LKCM Headwater Investments and affiliates have submitted a preliminary, non-binding proposal to acquire all outstanding shares of Distribution Solutions Group, Inc. not currently owned by them.

An amendment to a Schedule 13D filing reveals that a group of reporting persons, including Luther King Capital Management Corporation and J. Luther King, Jr., collectively beneficially own 77.6% of Distribution Solutions Group, Inc.'s common stock, with certain entities within the group having pledged shares as collateral for credit agreements.