Monday, June 11, 2018
-=USG (USG) to be acquired by Gebr. Knauf KG for $44 /share
USG agrees to be acquired by Gebr. Knauf KG for $44.00/share in cash, or approximately $7 bln
Under the terms of the agreement, USG shareholders will receive $44.00 per share, which consists of $43.50 per share in cash payable upon closing of the transaction and a $0.50 per share special dividend that would be paid following shareholder approval of the transaction. Berkshire Hathaway (BRK.A/B) has agreed to vote its shares in favor of the transaction. As of June 11, 2018, Berkshire Hathaway and its subsidiaries owns approximately 31% of the issued and outstanding shares of USG.
Labels:
mergers & acquisitions,
USG
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