Builders firstsource to combine with bmc stock holdings

Press release - builders firstsource to combine with bmc stock holdings, creating the nation’s premier supplier of building materials and services.builders firstsource inc - firstsource and bmc will combine in an all-stock merger transaction.builders firstsource - bmc shareholders will receive a fixed exchange ratio of 1.3125 shares of builders firstsource stock for each share of bmc stock.builders firstsource inc - anticipates annual cost synergies of $130 million to $150 million by year three.builders firstsource inc - upon completion of merger, existing builders firstsource shareholders will own approximately 57% of combined co.builders firstsource inc - merger is expected to be tax free for u.s. federal income tax purposes.builders firstsource inc - transaction is expected to be accretive to adjusted earnings per share in first year after closing.builders firstsource inc - upon closing, combined co's board of directors will have 12 directors.builders firstsource inc - upon deal close, combined company will operate under name builders firstsource, inc.builders firstsource - after transition period following deal, completion, co's current ceo will be succeeded as ceo of combined co by dave flitman.builders firstsource - upon closing, combined co's board consisting of seven members from builders firstsource board & five members from bmc board.builders firstsource inc - co's cfo peter jackson, will serve as cfo of combined company.
BLDR Ratings Summary
BLDR Quant Ranking