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.

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Comments (1)
  • nibelung
    , contributor
    Comments (86) | 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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