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
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