Merger activity decreased last week with one new deal announced and one deal completed.
In spite of just a single deal announced last week, the month of August has been the most active month with respect to M&A activity this year.
Headquartered in Raleigh, North Carolina, BMC Stock Holdings (BMCH) has a comprehensive portfolio of products and solutions consisting of building materials. On August 27, the company agreed to combine with Builders FirstSource (BLDR) in an all-stock deal worth $2.43 billion, creating one of the premier suppliers of building materials and services in the country.