Report: Sherwin Williams to Buy Valspar for $9.3 Billion
Paint maker Sherwin-Williams has agreed to acquire coatings supplier Valspar in an all-cash deal valued at $9.3 billion, the New York Times reports. Under the terms of the deal, Sherwin-Williams would pay $113 a share in cash, up nearly 35% from Valspar’s closing price on Friday.
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Report: Court Rules in Favor of Menards Founder in Case Against Former Fiancee | September 21, 2016
The founder of the Menards building supply chain doesn’t have to give his ex-fiancee ownership interest in the company, an appeals court ruled Tuesday. John Menard’s former finacee had sued for … Read More
Report: Lumber Trade War Brewing | August 25, 2016
Bloomberg featured a story today on the escalation of a trade dispute between the U.S. and Canada over a new softwood lumber trade agreement. The countries are currently operating under a … Read More
Report: Philly-Area Lumberyard Closing After 153 Years | August 12, 2016
A long-standing Philadelphia-area lumberyard is closing after 153 years in business. The Philadelphia Inquirer shares the story of Fritz Lumber Co. of Berwyn, Penn., and its owners William “Howard” Fritz … Read More