Latest news with #AmericanWoodmark
Business Wire
08-08-2025
- Business
- Business Wire
Shareholder Alert: The Ademi Firm Investigates Whether American Woodmark Corporation Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating American Woodmark (NASDAQ: AMWD) for possible breaches of fiduciary duty and other violations of law in its transaction with MasterBrand. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, shareholders of American Woodmark will receive 5.150 shares of MasterBrand common stock for each share of American Woodmark stock. Following the transaction, MasterBrand and American Woodmark shareholders will own approximately 63% and 37% of the combined company, respectively, on a fully diluted basis. The combined company will have a pro forma equity value of $2.4 billion and enterprise value of $3.6 billion. American Woodmark insiders will receive substantial benefits as part of change of control arrangements. The transaction agreement unreasonably limits competing transactions for American Woodmark by imposing a significant penalty if American Woodmark accepts a competing bid. We are investigating the conduct of the American Woodmark board of directors, and whether they are fulfilling their fiduciary duties to all shareholders. We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Business Wire
07-08-2025
- Business
- Business Wire
AMERICAN WOODMARK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of American Woodmark Corporation
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of American Woodmark Corporation (NasdaqGS: AMWD) to MasterBrand, Inc. (NYSE: MBC). Under the terms of the proposed transaction, shareholders of American Woodmark will receive 5.150 shares of MasterBrand for each share of American Woodmark that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( toll free at any time at 855-768-1857, or visit to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit
Yahoo
06-08-2025
- Business
- Yahoo
Why Is American Woodmark (AMWD) Stock Rocketing Higher Today
What Happened? Shares of cabinet manufacturing company American Woodmark (NASDAQ:AMWD) jumped 16.1% in the afternoon session after the company announced plans to combine with MasterBrand Inc. in an all-stock merger valued at approximately $2.4 billion. Under the terms of the agreement, American Woodmark shareholders received 5.150 shares of MasterBrand common stock for each share owned. The deal created North America's largest cabinet manufacturer. After the transaction, MasterBrand shareholders owned about 63% of the new entity, with American Woodmark shareholders holding the rest. The companies also projected achieving run-rate cost savings, or synergies, of approximately $90 million by the end of the third year after the merger's completion. Is now the time to buy American Woodmark? Access our full analysis report here, it's free. What Is The Market Telling Us American Woodmark's shares are not very volatile and have only had 8 moves greater than 5% over the last year. Moves this big are rare for American Woodmark and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 11 months ago when the stock dropped 12.8% on the news that the company reported second-quarter earnings results with its revenue, EPS, and full-year EBITDA guidance falling short of Wall Street's estimates. Highlighting the drivers of the weak performance, management noted that weak demand in the remodel market, more than offset growth in the new construction market. The near-term guidance for the remodel market was equally bleak, with expectations for continued soft demand. As a result, the full-year revenue guidance was lowered. For FY'25, the company expects low single-digit decline in net sales year-over-year (vs previous guidance of low single-digit net sales increase year-over-year). Overall, this was a weaker quarter. American Woodmark is down 19.9% since the beginning of the year, and at $63.10 per share, it is trading 38.7% below its 52-week high of $102.94 from November 2024. Investors who bought $1,000 worth of American Woodmark's shares 5 years ago would now be looking at an investment worth $737.67. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
06-08-2025
- Business
- Reuters
MasterBrand, American Woodmark to merge in $3.6 billion cabinetry deal
NEW YORK, Aug 6 (Reuters) - U.S. cabinetry manufacturers MasterBrand Inc (MBC.N), opens new tab and American Woodmark Corp (AMWD.O), opens new tab said on Wednesday they will merge in an all-stock deal, creating a company worth $3.6 billion, including debt, amid consolidation in the highly fragmented building products sector. Stocks of both companies had fallen by about half over the past year, with high interest rates cooling building activity since 2022 by raising borrowing costs for both developers and homeowners. American Woodmark's stock jumped 15% to $62 following the news, and MasterBrand rose 8.12% to $12.25 in afternoon trading. Expectations are growing that the Federal Reserve will lower interest rates, which would revive housing demand and renovations. The U.S. faces a record shortage of 4.7 million homes, Zillow said in a July 2025 analysis. The building sector is expected to grow, supported by aging housing stock, persistently short supply, and renewed commercial and infrastructure development funded by the $1.2 trillion Infrastructure Investment and Jobs Act, according to an Oppenheimer analyst report. The median age of U.S. homes remains in the early 40s, the oldest on record, according to the U.S. Census Bureau's 2023 housing stock snapshot, supporting long-term demand for repair, remodeling and building products. Deal activity has surged in building products this year, in a sector largely shielded from tariffs, as most manufacturing occurs domestically. These include Home Depot's acquisition of GMS, and an $11 billion buyout offer of Beacon Roofing from billionaire Brad Jacobs' firm QXO. Under the American Woodmark deal, each of its shares will be exchanged for 5.15 MasterBrand shares, giving MasterBrand 63% ownership of the combined company and American Woodmark 37%. An earnings boost is expected by the second year, with annual estimated savings of $90 million by the third year. The combined company would have a pro forma equity value of $2.4 billion and an enterprise value of $3.6 billion. The transaction is expected to close in early 2026. Rothschild & Co acted as MasterBrand's financial advisor and Jefferies provided financial advisory to American Woodmark.
Yahoo
06-08-2025
- Business
- Yahoo
MasterBrand, American Woodmark to merge in $3.6 billion cabinetry deal
By Sabrina Valle NEW YORK (Reuters) -U.S. cabinetry manufacturers MasterBrand Inc and American Woodmark Corp said on Wednesday they will merge in an all-stock deal, creating a company worth $3.6 billion, including debt, amid consolidation in the highly fragmented building products sector. Stocks of both companies had fallen by about half over the past year, with high interest rates cooling building activity since 2022 by raising borrowing costs for both developers and homeowners. American Woodmark's stock jumped 15% to $62 following the news, and MasterBrand rose 8.12% to $12.25 in afternoon trading. Expectations are growing that the Federal Reserve will lower interest rates, which would revive housing demand and renovations. The U.S. faces a record shortage of 4.7 million homes, Zillow said in a July 2025 analysis. The building sector is expected to grow, supported by aging housing stock, persistently short supply, and renewed commercial and infrastructure development funded by the $1.2 trillion Infrastructure Investment and Jobs Act, according to an Oppenheimer analyst report. The median age of U.S. homes remains in the early 40s, the oldest on record, according to the U.S. Census Bureau's 2023 housing stock snapshot, supporting long-term demand for repair, remodeling and building products. Deal activity has surged in building products this year, in a sector largely shielded from tariffs, as most manufacturing occurs domestically. These include Home Depot's acquisition of GMS, and an $11 billion buyout offer of Beacon Roofing from billionaire Brad Jacobs' firm QXO. Under the American Woodmark deal, each of its shares will be exchanged for 5.15 MasterBrand shares, giving MasterBrand 63% ownership of the combined company and American Woodmark 37%. An earnings boost is expected by the second year, with annual estimated savings of $90 million by the third year. The combined company would have a pro forma equity value of $2.4 billion and an enterprise value of $3.6 billion. The transaction is expected to close in early 2026. Rothschild & Co acted as MasterBrand's financial advisor and Jefferies provided financial advisory to American Woodmark.
