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-0.000773993808049712 -0.000773993808049712 -0.000773993808049712 -0.00526315789473689 -0.00642414860681124 0.00371517027863769 0.0101393188854489 0.00116099071207413
Stock impact report

BlueLinx Acquires Disdero Lumber Company

Bluelinx Holdings Inc. (BXC) 
Last bluelinx holdings inc. earnings: 3/10 05:16 pm Check Earnings Report
Company Research Source: Business Wire
Aligns with Strategy to Grow Higher-Margin Specialty ProductsAccretive Acquisition with Growth Opportunities Across Current Branch NetworkMaintains Strong Financial and Liquidity Position ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today announced the acquisition of Disdero Lumber Co., LLC (“Disdero”), a specialty products distributor, from privately held Tumac Lumber Company, Inc. Operating since 1953 and based in Clackamas, Oregon, Disdero is a value-added distributor of premium specialty wood products. The aggregate purchase price was approximately $96 million, and when adjusted for an estimated $8 million of expected tax benefits, the net transaction value is approximately $88 million. The acquisition was funded with cash on hand and is not expected to materially change the Company’s strong liquidity position and low net leverage ratio. It is expected to be immediately accretive to earnings.Disdero’s o Show less Read more
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