Beacon announces agreement to divest interior products business

Herndon, va.--(business wire)--beacon (nasdaq: becn) (the “company”) announced the execution of a definitive agreement to sell its interior products business, consisting of 81 branch locations where it distributes construction products including wallboard, acoustical ceilings, steel framing and insulation to both residential and commercial contractors (“interior products” or “interiors”), to affiliates of american securities llc, a leading u.s. private equity firm. the cash purchase price of $8
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