Cornerstone Building Brands, Inc. (CNR) Social Stream



Cornerstone Building Brands, Inc. (CNR): $24.66

0.01 (+0.04%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Industrial - Equipment

Industry

NR

Ranked

#34 of 92

in industry

Featured Post From StockTwits About CNR

$CNR New SEC Filing: 8-K Reg FD - Cornerstone Building Brands, Inc. (0000883902) August 09


Item 2.01. Completion of Acquisition or Disposition of Assets.On August 9, 2021, Cornerstone Building Brands, Inc. (the "Company") completed the previously announced sale of the Company's Insulated Metal Panels business (the "IMP Sale") to Nucor Insulated Panel Group Inc ("Purchaser") and Vulcraft Canada Inc. ("Canada Purchaser") for an aggregate purchase price of $1 billion in cash, subject to customary adjustments, in accordance with the terms of the Securities Purchase Agreement, dated as of June 5, 2021, by and among Purchaser, Canada Purchaser and the Company (the "Transaction Agreement").The foregoing description of the Transaction Agreement and the transactions contemplated thereby do (...)

https://mkn.re/92981
MarketNewswire, published August 10, 2021

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