Did BMC get bought out?
Did BMC get bought out?
DALLAS — Builders FirstSource, Inc. and BMC Stock Holdings, Inc., have announced the completion of their all-stock merger transaction. The close of the merger creates a premier supplier of building materials and services, with combined sales of approximately $11.7 billion as of the twelve months ended Sept.
Is BMC a good stock to buy?
BMC Stock has received 64.06% “outperform” votes from our community.
How much did BMC sell for?
(Reuters) – U.S. residential building materials maker Builders FirstSource Inc BLDR. O on Thursday agreed to buy BMC Stock Holdings Inc BMCH. O in an all-stock deal that values the smaller rival at about $2.5 billion.
Did BMC Buy Builders First Source?
Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, Texas, and BMC Stock Holdings Inc., Raleigh, North Carolina, on Monday announced the completion of their all-stock merger.
Who owns builder first source?
Upon completion of the merger, existing Builders FirstSource shareholders will own approximately 57% and existing BMC shareholders will own approximately 43% of the combined company on a fully diluted basis.
Who is the owner of Builders First Source?
Description Builders FirstSource Inc. The company was founded by Kevin P. O’Meara, Donald F. McAleenan and John D. Roach in March 1998 and is headquartered in Dallas, TX.
Who did BFS merge with?
BMC
Builders FirstSource officially combines with BMC. The move created a company with combined sales of $11.7 billion. Said BFS President and CEO Dave Flitman: “This merger represents a transformational milestone for our customers and an exceptional platform to accelerate the growth of our value-added solutions.”
How many BMC locations are there?
The combined company, which will operate under the Builders FirstSource name, has over 550 distribution and manufacturing locations, a presence in about 40 states.
Did BMC Buy Builders FirstSource?
Who bought Builders First Source?
BMC Stock Holdings
In August 2020, Builders FirstSource announced a merger with BMC Stock Holdings. This all stock merger transaction resulted in a combined company with $11 billion in sales and approximately 26,000 employees across 42 states. The surviving entity retained the Builders FirstSource name.
What company bought National Lumber?
Builders FirstSource, Inc.
DALLAS, Jan. 05, 2022 (GLOBE NEWSWIRE) — Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource”), today announced that it has acquired National Lumber, the largest independent building materials supplier in New England.