HBP

Woodgrain Inc. Announces Commencement of the Tender Offer for All Outstanding Shares of Huttig Building Products, Inc.

Retrieved on: 
Tuesday, March 29, 2022

The tender offer is being made pursuant to the merger agreement (the Merger Agreement) executed on March 20, 2022 and announced by Woodgrain and Huttig on March 21, 2022.

Key Points: 
  • The tender offer is being made pursuant to the merger agreement (the Merger Agreement) executed on March 20, 2022 and announced by Woodgrain and Huttig on March 21, 2022.
  • Additionally, Huttig is filing a solicitation/recommendation statement on Schedule 14D-9 that will include the recommendation of Huttigs board of directors that Huttigs stockholders tender their shares in the tender offer.
  • The tender offer for the outstanding shares of common stock of Huttig has commenced.
  • Woodgrain has filed a tender offer statement on Schedule TO with the SEC, and Huttig will file a solicitation/recommendation statement on Schedule 14D-9 with respect to the offer.

HUTTIG BUILDING PRODUCTS ALERT: Bragar Eagel & Squire, P.C. Investigates Merger of HBP and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, March 23, 2022

On March 21, 2022, Huttig announced that it had entered into an agreement to be acquired by Woodgrain in an all-cash deal.

Key Points: 
  • On March 21, 2022, Huttig announced that it had entered into an agreement to be acquired by Woodgrain in an all-cash deal.
  • Pursuant to the merger agreement, Huttig stockholders will receive $10.70 in cash for each share of Huttig common stock owned.
  • Bragar Eagel & Squire is concerned that Huttigs board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Woodgrain to Acquire Huttig Building Products

Retrieved on: 
Monday, March 21, 2022

FRUITLAND, Idaho and ST. LOUIS, March 21, 2022 (GLOBE NEWSWIRE) -- Woodgrain Inc. (Woodgrain) and Huttig Building Products, Inc. (Huttig, or the Company) (NASDAQ: HBP) are pleased to announce a definitive agreement has been reached whereby Woodgrain will purchase Huttig, a leading distributor of millwork, building materials, and wood products.

Key Points: 
  • FRUITLAND, Idaho and ST. LOUIS, March 21, 2022 (GLOBE NEWSWIRE) -- Woodgrain Inc. (Woodgrain) and Huttig Building Products, Inc. (Huttig, or the Company) (NASDAQ: HBP) are pleased to announce a definitive agreement has been reached whereby Woodgrain will purchase Huttig, a leading distributor of millwork, building materials, and wood products.
  • We are thrilled to add Huttigs talented associates to our Woodgrain family, said Kelly Dame, President and Chief Executive Officer of Woodgrain.
  • Woodgrain will acquire Huttig in an all-cash transaction valued at $10.70 per share, or approximately $350 million including the assumption of debt.
  • The Huttig Board of Directors has unanimously approved the acquisition and recommends that Huttig stockholders tender their shares in the transaction.

HUTTIG BUILDING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Huttig Building Products, Inc. - HBP

Retrieved on: 
Thursday, March 31, 2022

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Huttig Building Products, Inc. (NasdaqCM: HBP) to Woodgrain Inc.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Huttig Building Products, Inc. (NasdaqCM: HBP) to Woodgrain Inc.
  • Under the terms of the proposed transaction, shareholders of Huttig will receive only $10.70 in cash for each share of Huttig that they own.
  • Please note that the merger is structured as a tender offer, such that time may be of the essence.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

2022 Report on the Global Dietary Foods Market to 2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, March 28, 2022

The "2021 Dietary Foods Research Review" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "2021 Dietary Foods Research Review" report has been added to ResearchAndMarkets.com's offering.
  • The global nutraceutical market should grow from $289.8 billion in 2021 to $438.9 billion by 2026, at compound annual growth rate (CAGR) of 8.7% for the period of 2021-2026.
  • The global market for weight loss products and services should grow from $254.9 billion in 2021 to reach $377.3 billion by 2026, at a compound annual growth rate (CAGR) of 8.2% during the forecast period of 2021-2026.
  • A noticeable shift has been observed in the Food and Agriculture market toward consumers controlling health issues by avoiding unhealthy eating habits.

Huttig Building (HBP) Stock Alert: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Huttig Building Products, Inc. Is Fair to Shareholders

Retrieved on: 
Tuesday, March 22, 2022

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Huttig Building Products, Inc. (NASDAQ: HBP) to Woodgrain Inc. for $10.70 per share is fair to Huttig Building shareholders.

Key Points: 
  • Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Huttig Building Products, Inc. (NASDAQ: HBP) to Woodgrain Inc. for $10.70 per share is fair to Huttig Building shareholders.
  • The investigation concerns whether Huttig Building and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Huttig Building shareholders; (2) determine whether Woodgrain is underpaying for Huttig Building; and (3) disclose all material information necessary for Huttig Building shareholders to adequately assess and value the merger consideration.
  • On behalf of Huttig Building shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Investor Alert - The M&A Class Action Firm is Investigating the Merger -CCHWF, EMCF, HBP, BFC, APTS, TGNA

Retrieved on: 
Saturday, March 26, 2022

Under the terms of the agreement, CCHWF shareholders will receive 0.5579 shares of Cresco per share they own.

Key Points: 
  • Under the terms of the agreement, CCHWF shareholders will receive 0.5579 shares of Cresco per share they own.
  • Emclaire Financial Corp. ( EMCF ), relating to its proposed merger with Farmers National Banc Corp.
  • We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing.
  • Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

iD Tech and Harvard Business Publishing Bring University Business Content to the K-12 Market

Retrieved on: 
Monday, February 21, 2022

iD Tech serves as a clear pathway to educational and career success, with 97% of iD Tech students going on to attend a 4-year college.

Key Points: 
  • iD Tech serves as a clear pathway to educational and career success, with 97% of iD Tech students going on to attend a 4-year college.
  • As we celebrate the centennial of the case method pioneered by Harvard Business School, Harvard Business Publishing is pleased to partner with iD Tech to bring this learning to a pre-college audience.
  • Together with Harvard Business Publishing, iD Tech is bringing an evolution to how students gain access to world-class instruction to ignite their passions.
  • Harvard Business Publishing is a not-for-profit, wholly-owned subsidiary of Harvard University, reporting into Harvard Business School.

Huttig Building Products, Inc. Schedules Fourth Quarter 2021 Earnings Call

Retrieved on: 
Tuesday, February 15, 2022

ST. LOUIS, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Huttig Building Products (Nasdaq: HBP), one of the nation's largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its fourth quarter 2021 financial results on Wednesday, March 02, 2022 after market close.

Key Points: 
  • ST. LOUIS, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Huttig Building Products (Nasdaq: HBP), one of the nation's largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its fourth quarter 2021 financial results on Wednesday, March 02, 2022 after market close.
  • An earnings call with management is scheduled for Thursday, March 03, 2022 at 10:00 a.m. Central Daylight Time.
  • Participants can listen to the call live via webcast by going to the investor portion of Huttigs website at http://investor.huttig.com .
  • Huttig's wholesale distribution centers sell principally to building materials dealers, national buying groups, home centers and industrial users, including makers of manufactured homes.

Griffon Corporation to Continue Executing On its Successful Transformation Strategy

Retrieved on: 
Tuesday, November 23, 2021

We intend to continue executing on our strategy to reposition Griffon including through transactions such as the ongoing strategic alternatives review of Telephonics Corporation.

Key Points: 
  • We intend to continue executing on our strategy to reposition Griffon including through transactions such as the ongoing strategic alternatives review of Telephonics Corporation.
  • Independent members of the Board have met with them and are currently assessing their nominees in accordance with our thorough process.
  • Griffon Corporation is a diversified management and holding company that conducts business through wholly-owned subsidiaries.
  • For more information on Griffon and its operating subsidiaries, please see the Companys website at www.griffon.com .