BUZZ-Boise Cascade falls on deal to purchase Humphrey Company
Shares of lumber company Boise Cascadedip 1% to $65.97Co says it will purchase distributor of building materials, Humphrey CompanyHumphrey’s distribution facility serves lumber dealers and one-step distributors throughout New England, New York and New JerseyBoise Cascade currently operates 39 distribution locations in U.S. and the new location further expands its business in northeast regionDeal value was not disclosed by companyTransaction is expected to close in DecemberIncluding session’s moves, BCC down 44.1% YTD
Shares of lumber company Boise Cascade (BCC.N) dip 1% to $65.97
Co says it will purchase distributor of building materials, Humphrey Company
Humphrey’s distribution facility serves lumber dealers and one-step distributors throughout New England, New York and New Jersey
Boise Cascade currently operates 39 distribution locations in U.S. and the new location further expands its business in northeast region
Deal value was not disclosed by company
Transaction is expected to close in December
Including session’s moves, BCC down 44.1% YTD
