Announced
Financials
Tags
Tender Offer
Pending
Single Bidder
building products
Industrial Distribution
United States
Majority
Friendly
Public
Synopsis
Bluefin Acquisitions, a private investment company, offered to acquire BlueLinx, a wholesale distributor of building and industrial products, for $24.50 in cash per share, at a company valuation of $230m. The tender offer is subject to customary conditions to closing, including a condition that the number of shares validly tendered before the expiration of the proposal represents at least one share more than 50% of all shares then outstanding.
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