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0 0 0 0 0.0227992400253323 0.0227992400253323 0.0639645345155161 0.0873970867637746
Stock impact report

BlueLinx Enters Into Strategic Merger Agreement to Acquire Cedar Creek

Bluelinx Holdings Inc. (BXC) 
Last bluelinx holdings inc. earnings: 3/10 05:16 pm Check Earnings Report
Company Research Source: GlobeNewswire
– Creates Diversified Two-Step Distributor with $3.2 Billion in Revenue – – Enhances Position as a Leading Building Products Wholesale Distributor with Expanded Offerings, Capabilities and Geographic Reach to Accelerate Growth –– Expects to Generate At Least $50 Million of Annual Cost Savings Within 18 Months –– Significantly and Immediately Accretive to Earnings –– Conference Call Scheduled for March 12, 2018 at 8:00am EST – ATLANTA and OKLAHOMA CITY, March 12, 2018 (GLOBE NEWSWIRE) -- BlueLinx (NYSE:BXC), a leading distributor of building and industrial products in the United States, today announced that it has entered into a definitive agreement to acquire Cedar Creek, a leading building products wholesale distributor, a portfolio company of Charlesbank Capital Partners for a purchase price of $413 million on a debt-free, cash-free basis. The purchase price will consist of approximately $345 million in cash and approximately $68 million as the agreed value of the capital leases. Show less Read more
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