MasterBrand To Merge With American Woodmark In All-Stock Deal
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MasterBrand, Inc. (MBC) has announced a merger with American Woodmark Corp. (AMWD) in an all-stock deal valued at $3.6 billion. American Woodmark shareholders will receive 5.150 shares of MasterBrand stock for each share owned. Post-merger, MasterBrand and American Woodmark shareholders will hold approximately 63% and 37% of the new entity, respectively. The merger aims to enhance product offerings and innovation, with completion expected in early 2026, making American Woodmark a wholly-owned subsidiary of MasterBrand. MBC shares rose 4.74% to $11.86 on the NYSE.
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