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UPDATE 1-Stock Building Supply and Building Materials Holdings to merge

June 3- Stock Building Supply Holdings Inc and fellow construction materials supplier Building Materials Holding Corp said they would combine to expand in the fast-growing south and west regions in the United States. BMC's shareholders will receive 0.5231 new shares of Stock Building Supply for each share held and own about 60 percent of the merged entity,...
Source: Reuters
Stock Building Supply and Building Materials Holdings to merge

June 3- Stock Building Supply Holdings Inc and fellow construction materials supplier Building Materials Holding Corp said they would combine to create a company with an enterprise value of $1.5 billion. BMC's shareholders will receive 0.5231 new shares of Stock Building Supply and own about 60 percent of the merged entity. The combined companies had over...
Source: Reuters