Owens Corning is known for its pink insulation. Masonite makes doors. Both sell into the residential construction marketplace. Residential construction spending in the U.S. is roughly a $1 ...

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.

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 ...

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 ...