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HBP - Huttig Building Products offered $2.75/share by Mill Road Capital
Huttig Building Products Inc.
Mill Road Capital, the largest shareholder (8.1%) of Huttig Building Products (NASDAQ:HBP), +41.2% PM proposed to acquire 100% of the outstanding shares of the latter not already owned by Mill Road for $2.75/share in cash, indicating a 67% premium over today’s (Aug 6) closing price.
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