Masterbrand and american woodmark to combine in an all-stock transaction to accelerate value delivery through:

Beachwood, oh. & winchester, va.--(business wire)--masterbrand, inc. (nyse: mbc, the “company,” or “masterbrand”) and american woodmark corporation (“american woodmark”) (nasdaq: amwd) today announced that they have entered into a definitive agreement whereby masterbrand will combine with american woodmark via an all-stock merger. the combined company would have a pro forma equity value of $2.4 billion and an enterprise value of $3.6 billion based on the exchange ratio and closing share price a.
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