Owens corning announces $3.9 billion acquisition of masonite to strengthen position in building and construction materials

Toledo, ohio & tampa, fla.--(business wire)--owens corning (nyse: oc), a leader in global building and construction materials, and masonite international corporation (“masonite”) (nyse: door), a leading global provider of interior and exterior doors and door systems, today announced they have entered into a definitive agreement under which owens corning will acquire all outstanding shares of masonite for $133.00 per share in cash, representing an approximate 38% premium to masonite's closing sh.
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