PGT Innovations announced that MIWD Holding Company completed the acquisition of PGTI. The transaction was announced on January 17, 2024, and received approval of PGTI’s stockholders on March 18, 2024. In accordance with the definitive merger agreement, PGTI stockholders will receive $42.00 in cash for each share of PGTI common stock. With the completion of the acquisition, PGTI’s common stock has ceased trading and will no longer be listed on the NYSE. The transaction was financed in part by an equity investment from an affiliate of Koch Equity Development, the principal investment and acquisition arm of Koch Industries, that is a current investor in MITER Brands.
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