secwatch.observer — SEC 8-K summary
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Issuer:     MASONITE INTERNATIONAL CORP (—)
CIK:        0000893691
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001193125-24-139523
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Masonite acquired by Owens Corning for $133/share; sells Architectural segment for $75M
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- Acquired by Owens Corning for $133.00 per share in cash; Masonite becomes indirect wholly owned subsidiary.
- Masonite Common Shares delisted from NYSE effective May 15, 2024; trading suspended.
- All prior directors (9 named) and CEO Howard Heckes ceased; new board (Adams, Link, Myers) appointed.
- Credit agreements (TL and ABL) repaid and terminated in connection with acquisition.
- Architectural segment sold to IBP Solutions/Industrial Opportunity Partners for approx $75 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893691/000119312524139523/0001193125-24-139523-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893691/000119312524139523/d834011d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-139523

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer