Owens Corning (NYSE:OC) on Friday said it had reached a deal to acquire Masonite (NYSE:DOOR) for $3.9 billion in cash. The offer of $133 a share for Masonite (DOOR) is about a 38% premium to its ...

Masonite International's (NYSE:DOOR) stock surged in premarket trading Friday after the maker of doors agreed to be acquired by Owens Corning (NYSE:OC) in a deal valued at $3.9 billion.

Masonite International Corp. engages in the manufacture of interior and exterior doors for residential and architectural use. It operates through the following geographical segments: North ...

The company added another chapter to this diversification and growth strategy following the purchase of door manufacturer Masonite, which added some leverage, but this was manageable, and should ...