December 6, 2011

Resolute Forest Products has announced its intention to acquire all the issued and outstanding common shares of Fibrek Inc. The offer of C$1 per share in cash, or C$0.55 in cash and 0.0284 of a Resolute Forest Products common share will expire on or before Dec. 31.

According to Resolute, the offer represents a premium of approximately 39% over the closing price of Fibrek's shares on Nov. 28, and a premium of approximately 31% over the volume-weighted average trading price of the shares on the Toronto Stock Exchange or the 20 trading days ending on that date.

September 6, 2011

International Paper’s attempt to take over Temple-Inland concluded today with an announcement that the two companies have entered into a merger agreement.

International Paper will acquire all of the outstanding common stock of Temple-Inland for $32 per share in cash, plus the assumption of $600 million in Temple-Inland’s year-end debt. The total transaction value is approximately $4.3 billion.

July 19, 2011

An article just released by Standard & Poor's Ratings Services predicted that mergers and acquisitions among forest product companies will continue to increase over the next few quarters due to strong balance sheets and attractive financing terms. But this M&A activity will largely be contained to the paperboard and packing sectors, according to "Top Investor Questions For The U.S.

March 20, 2011

Richelieu Hardware closed on two more acquisitions, bringing to nine the number of businesses acquired since the beginning of 2010.

The two latest acquisitions involve Madico Distribution, a Canadian distributor of floor protection products, and Provincial Woodproducts.

October 31, 2010

New Britain, Conn.-based tool giant Stanley Black & Decker says its corporate integration is moving...

October 19, 2010

The New Britain, Conn.-based tool giant says its corporate integration is moving ahead faster than...

October 27, 2008

The Lawn & Garden Performance Group has entered into a marketing partnership with mergers and...

February 10, 2008

Ace Hardware announced last month that an investigation by outside agencies has determined the company’s...

November 12, 2007

KBC Construction and Architectural Building Supply are two of the new businesses picked up by...

August 2, 2007

Dan Parr will serve as vp-acquisitions and business integration for Wolseley’s North American division....

July 30, 2007

Sales fell 6 percent on a lower sales volume of installation and other services, as...

July 24, 2007

Housewares maker Salton said the merger agreement could be terminated if not completed by July 31....