Building Material Cos. Restart Review Clock On $5.5B Tie-Up
Law360 (October 16, 2020, 8:33 PM EDT) -- Builders FirstSource has refiled its notification with U.S. enforcers for an all-stock deal to buy BMC Stock Holdings, restarting the merger review clock on the companies' bid to create a building material supplier valued at about $5.5 billion.
The companies said in securities filings Thursday that they voluntarily withdrew and refiled their notification for the deal with the U.S. Department of Justice and the Federal Trade Commission. Enforcers now have until Nov. 16 to request more information, according to the filing, which was made with the U.S. Securities and Exchange Commission.
"The parties continue to expect the merger to close in...
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