PGT Innovations stockholders approve proposed merger with Miter Brands

PGT Innovations “announced that its stockholders voted to approve the definitive merger agreement with MIWD Holding Company LLC and an amendment to the Amended and Restated Certificate of Incorporation of the Company at a special meeting of the Company’s stockholders. As previously announced, under the terms of the definitive merger agreement, MITER Brands will acquire all of the outstanding shares of PGTI common stock for $42.00 per share in cash. The transaction will be financed in part by an equity investment from an affiliate of Koch Equity Development LLC, the principal investment and acquisition arm of Koch Industries, Inc., that is a current investor in MITER Brands.”