According to Bloomberg, Buyout Firm CD&R Weighs Offer for Cornerstone Building Brands (CNR)

  • February 10, 2022


StockCornerstone Building Brands, Inc.SymbolCNR
Date Announced02/10/2022Source Bloomberg
TypeUnsolicited BidAcquiring Company/Person Clayton, Dubilier & Rice
Date of Confirmation: 03/07/2022Price at Confirmation: $21.31
Potential Profit: 14.20%Annualized Profit: 207.34%

Clayton, Dubilier & Rice is considering making an offer to buy the outstanding shares in Cornerstone Building Brands Inc. (CNR) it doesn’t already own, according to people with knowledge of the matter.


February 14, 2022: Cornerstone Building Brands, Inc. (CNR), acknowledges receipt of a non-binding, best and final proposal from funds affiliated with Clayton, Dubilier & Rice, LLC to acquire all of the Company’s outstanding shares of common stock that CD&R does not already own for $24.65 in cash per share.

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