Masonite International Corporation files amended circular; mails supplemental materials to shareholders
11 February 2005 - 1:03AM
PR Newswire (US)
Masonite International Corporation files amended circular; mails
supplemental materials to shareholders TORONTO, Feb. 10
/PRNewswire-FirstCall/ -- Masonite International Corporation (TSX
and NYSE: MHM) announced today that it has filed with Canadian and
United States securities regulators an amended management
information circular relating to its special meeting of
shareholders to be held on February 18, 2005. Certain sections of
Masonite's circular dated January 18, 2005 have been revised in
response to comments received from staff of the U.S. Securities and
Exchange Commission (the "SEC"). The circular seeks Masonite
shareholder approval for a plan of arrangement pursuant to which
all outstanding common shares of Masonite would be exchanged with
Stile Acquisition Corp., an affiliate of Kohlberg Kravis Roberts
& Co. L.P., for consideration of C$40.20 per common share. The
amended circular does not contain any changes to the terms of the
transaction. A copy of the amended circular which incorporates all
changes made as a result of comments received from staff of the SEC
can be found at http://www.sec.gov/ and http://www.sedar.com/.
Masonite will also be mailing to shareholders of record on January
17, 2005 a supplement to the circular which will contain a copy of
the sections of the circular describing the background to, reasons
for and particulars concerning the proposed transaction marked to
show changes made as a result of SEC comments. The special meeting
of shareholders will be held on February 18, 2005 and the record
date for voting will remain January 17, 2005, as previously
announced. Any Masonite shareholder who has already deposited a
valid proxy or provided voting instructions to his or her broker or
other intermediary for use at the special meeting and who does not
wish to change his or her proxy need not take any further action.
Masonite is a unique, integrated, global building products company
with its corporate headquarters in Mississauga, Ontario and its
international administrative offices in Tampa, Florida. It operates
over 75 facilities in 16 countries in North America, South America,
Europe, Asia and Africa and has approximately 14,000 employees. The
company sells its products to customers in over 50 countries. For
more information, visit http://www.masonite.com/. DATASOURCE:
Masonite International Corporation CONTACT: Alan Miller, Innisfree
M&A Incorporated, Telephone: (212) 750-5831
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