When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
HBP - Huttig Building Products to be bought by Woodgrain in $350M deal
Huttig Building Products Inc.
Huttig Building Products (NASDAQ:HBP) +10.7% post-market after disclosing in an 8-K filing that it agreed to be acquired by Woodgrain Inc. for $10.70/share, or ~$350M including the assumption of debt; shares resume trading after a halt. The acquisition price comes at a 12.6% premium to the $9.50 closing stock price. In its latest earnings report, Huttig said Q4 GAAP earnings came in at $0.25/share on revenues of $230M.