Miller Value Partners Enters New Position in Dauch Corporation with $11.12 Million Stake

Miller Value Partners, LLC acquired 1,734,780 shares of Dauch Corporation, a automotive firm supplying driveline and metal forming tech to global vehicle makers, for an estimated $11.12 million. This new position represented 3.92% of the fund's reportable assets under management. Dauch's revenue is $5.84 billion, with a net income of $-19.70 million. The company's one-year price change is 52.63%.