MergerMay 26, 2026, 05:12 PM
MasterBrand Merger with American Woodmark Clears FTC Review
AI Summary
MasterBrand, Inc. announced that the Federal Trade Commission has closed its investigation into the company's proposed merger with American Woodmark Corporation. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, clearing a significant regulatory hurdle. As a result, MasterBrand anticipates closing the transaction on or about May 28, 2026, subject to other customary closing conditions.
Key Highlights
- MasterBrand received notice from the Federal Trade Commission that its investigation into the proposed merger with American Woodmark Corporation has closed.
- The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired.
- MasterBrand expects to close the transaction on or about May 28, 2026.
- The merger agreement with American Woodmark Corporation was originally entered into on August 5, 2025.
Price Impact
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