Builders (BLDR) Stock Spikes After Announcing $1.63B ProBuild Acquisition

Builders FirstSource, Inc. (BLDR) shares are currently printing a large uptick, gaining 58% from the previous close, after the building materials company announced it will acquire privately-held lumber supplier ProBuild for $1.63 billion in cash. The deal, which is expected to be immediately accretive to BLDR’s earnings, will close sometime in the second half of […] View the full post at: Builders (BLDR) Stock Spikes After Announcing $1.63B ProBuild Acquisition Related posts: Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock Stock Market: Last Chance to Get Out Congress To Hold Hearing on the Circumstances Behind Thursday’s Stock Market Plunge