Seeking Alpha

Louisiana-Pacific, Ainsworth drop tie-up plan over regulatory snag

  • Louisiana-Pacific (LPX -2.6%) and Ainsworth Lumber (ANSBF -15.5%) say they are terminating their planned combination.
  • LPX had warned last week of a potential legal fight with the U.S. Justice Department and Canada's antitrust regulator over required divestitures to complete the deal.
  • The companies say they mutually agreed to end the deal and that no breakup fee will be payable by either party.
Comments (1)
  • nibelung
    , contributor
    Comments (79) | Send Message
     
    While no fan of this deal, I find it amazing that Comcast-TWC looks to be ok with the anti-trust folks and this is not.
    14 May 2014, 02:56 PM Reply Like
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