Masco corporation enters into a definitive agreement to sell kichler lighting

Livonia, mich.--(business wire)--masco corporation (nyse: mas) announced today that it has signed a definitive agreement to sell its kichler lighting business to an affiliate of kingswood capital management for a purchase price of approximately $125 million, subject to customary adjustments. headquartered in solon, ohio, kichler lighting is a provider of decorative residential and light commercial lighting products, ceiling fans and led lighting systems across both consumer and professional dis.
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