Louisiana Pacific Announces Deal to Buy Ainsworth for C$3.76/Share, Deal Valued at ~$1.1B, Total Compensation 52% Cash, 48% Shares

Louisiana-Pacific Corporation (“LP” or the “Company”) (NYSE: LPX ) and Ainsworth Lumber Co. Ltd. today announced that they have signed a definitive agreement under which LP will acquire all of the outstanding common shares of Ainsworth for a total consideration which equates to C$3.76 per Ainsworth common share, based on the closing price