29.04.2024 14:32:52 - dpa-AFX: Owens Corning Receives U.S. Antitrust Approval For Masonite Acquisition
WASHINGTON (dpa-AFX) - Owens Corning (OC) announced Monday the expiration of
the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of
1976 (HSR Act) in connection with the company's previously announced acquisition
of Masonite International Corp. (DOOR). The expiration of the waiting period
occurred at 11:59 p.m. on April 26, 2024.
The expiration of the HSR Act waiting period satisfies a closing condition for
the transaction. Masonite previously announced that its shareholders voted to
approve the company's acquisition by Owens Corning at its Special Meeting of
Shareholders.
The transaction is anticipated to close in May 2024, subject to satisfaction of
the remaining customary closing conditions.
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