The investment group that owns 55% of BlueLinx Holdings extended by one week, until Sept. 3, the expiration date of its offer to buy all other outstanding shares and take the Atlanta-based distributor private. Cerberus ABP Investor LLC did so after a special committee of the BlueLinx board of directors notified stockholders that it hasn't been able to decide yet how to respond to the $49.6 million offer. More
The investment group that owns 55% of BlueLinx Holdings extended by one week, until Sept. 3, the expiration date of its offer to buy all other outstanding shares and take the Atlanta-based distributor private. Cerberus ABP Investor LLC did so after a special committee of the BlueLinx board of directors notified stockholders that it hasn't been able to decide yet how to respond to the $49.6 million offer. More