Foundation Building Materials Inc

NYSE:FBM   3:59:59 PM EDT
19.20
-0.03 (-0.16%)
4:02:04 PM EDT: $19.21 +0.01 (+0.05%)
Mergers / Acquisitions, Equity Financing / Related

Foundation Building Materials Enters Into Definitive Agreement To Be Acquired By American Securities LLC

Published: 11/16/2020 00:11 GMT
Foundation Building Materials Inc (FBM) - Foundation Building Materials, Inc. Enters Into Definitive Agreement to Be Acquired by American Securities Llc.
Fbm Shareholders to Receive $19.25 per Share in Cash.
Foundation Building Materials-a Private Equity Firm, Will Buy All Outstanding Shares of Fbm in All-cash Transaction Valued at About $1.37 Billion.
Foundation Building Materials-upon Completion of the Transaction, Fbm Will Become a Privately Held Company.
Foundation Building Materials- Transaction Represents a Premium of About 27% to the Closing Price of Fbm Common Stock on November 13, 2020.
Foundation Building Materials- Transaction Was Unanimously Approved by the Fbm Board of Directors.