Owens Corning Announces Expiration of Hart-Scott-Rodino Waiting Period for Planned Acquisition of Masonite
29 April 2024 - 10:00PM
Business Wire
Owens Corning (NYSE: OC), a leader in global building and
construction materials, today announced the expiration of the
waiting period under the Hart-Scott-Rodino Antitrust Improvements
Act of 1976 (the “HSR Act”) in connection with the company’s
previously announced acquisition of Masonite International
Corporation (“Masonite”) (NYSE: DOOR). The expiration of the
waiting period occurred at 11:59 p.m. on April 26, 2024.
The expiration of the HSR Act waiting period satisfies a closing
condition for the transaction. Masonite previously announced that
its shareholders voted to approve the company’s acquisition by
Owens Corning at its Special Meeting of Shareholders.
The transaction is anticipated to close in May 2024, subject to
satisfaction of the remaining customary closing conditions.
About Owens Corning
Owens Corning is a global building and construction materials
leader committed to building a sustainable future through material
innovation. Our three integrated businesses – Roofing, Insulation,
and Composites – provide durable, sustainable, energy-efficient
solutions that leverage our unique material science, manufacturing,
and market knowledge to help our customers win and grow. We are
global in scope, human in scale with approximately 18,000 employees
in 30 countries dedicated to generating value for our customers and
shareholders, and making a difference in the communities where we
work and live. Founded in 1938 and based in Toledo, Ohio, USA,
Owens Corning posted 2023 sales of $9.7 billion. For more
information, visit www.owenscorning.com.
Owens Corning Company News / Owens Corning Investor Relations
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