Summit Materials (SUM) said Monday that the previously announced agreement to be acquired by Quikrete for $52.50 per share in cash was finalized.
With the closing of the deal that was valued at about $11.5 billion, including debt, Summit Materials said it has become a privately-held unit of Quikrete.
The company said its common stock has stopped trading on the New York Stock Exchange and will no longer be listed on public markets.
Price: 52.53, Change: +0.08, Percent Change: +0.15
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