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-0.00116224209157562 0.00315301319892753 -0.00921738530051436 -0.00931232091690551 -0.0172725285094533 -0.0161217937653192 -0.0184232632535874 -0.0296429270088952
Stock impact report

Why BlueLinx Holdings Inc.'s Stock Is Rocketing Today [The Motley Fool]

Bluelinx Holdings Inc. (BXC) 
Last bluelinx holdings inc. earnings: 3/10 05:16 pm Check Earnings Report
Company Research Source: The Motley Fool
The building products wholesale distributor is making a needle-moving deal. Matthew DiLallo ( TMFmd19 ) Mar 13, 2018 at 11:41AM What happened Shares of BlueLinx Holdings Inc. (NYSE: BXC) jumped on Tuesday, rising more than 18% at 10:45 a.m. EDT, after the company agreed to buy privately held Cedar Creek. So what BlueLinx Holdings announced that it agreed to acquire Cedar Creek from Charlesbank Capital Partners for $413 million, which includes $345 million in cash and $68 million in value from capital leases. Cedar Creek, which is a leading building-product wholesale distributor, will enhance BlueLinx's product offerings, capabilities, and geographic reach. Image source: Getty Images. The deal will also be significantly and immediately accretive to earnings, and should continue adding to the bottom line over the next 18 months as BlueLin Show less Read more
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