USG takes $7 billion offer from Knauf after spurned advances
10 Jun USG takes $7 billion offer from Knauf after spurned advances
Posted at 15:14h
in
News
by KMFSLLP
June 11 (Reuters) – Sheetrock maker USG Corp
accepted a $7 billion cash offer from German construction
products maker Gebr Knauf KG on Monday after three months of
back-and-forth negotiations that began when longtime USG
shareholder Warren Buffett teamed up with the German bidder to
sell his stake.
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