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Cornerstone Building Brands to be bought by CD&R in $5.8B deal

Mar. 07, 2022 8:19 AM ETCornerstone Building Brands, Inc. (CNR) StockBy: Carl Surran, SA News Editor

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Maksim Labkouski/iStock via Getty Images

Cornerstone Building Brands (NYSE:CNR) +13.1% pre-market after agreeing to be acquired by Clayton, Dubilier & Rice for $24.65/share in cash, a ~16% premium to the March 4 closing price, in a deal with $5.8B enterprise value, including the assumption of debt.

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