September 05, 2013 at 16:16 PM EDT
M&A Activity Heats Up In September As Summer Cools Off
Louisiana-Pacific (LPX) shares shot up Thursday after the building products maker announced it would by a Canadian rival Wednesday. The deal was the latest in a string of mergers as summer winds down. The maker of wood and other construction materials said it would purchase Ainsworth Lumber for $1.1 billion, including debt. Louisiana-Pacific soared 11% to 16.98 in the stock market today. Deutsche Bank upgraded the company to buy from hold. The
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here