Cornerstone Building Brands, Inc. (CNR) Social Stream
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$CNR New SEC Filing: 8-K Reg FD - Cornerstone Building Brands, Inc. (0000883902) August 09MarketNewswire, published August 10, 2021
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 (...)
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