Masonite To Buy PGT Innovations In $3 Bln Cash, Stock Deal

Masonite International Corp. (DOOR), a manufacturer of interior and exterior doors and premium door systems, announced Monday a definitive agreement to acquire PGT Innovations, Inc. (PGTI), a manufacturer of patio door and premium window solutions. The deal is for a combination of cash and Masonite shares with a total transaction value of $3 billion.

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