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Stock Market & Financial Investment News

News Breaks
March 27, 2013
18:05 EDTBXCBlueLinx announces expiration of $40M rights offering
BlueLinx Holdings announced the expiration of the subscription period for its previously announced $40M rights offering. The subscription period for the rights offering expired at 5:00 pm ET. The rights offering was over subscribed and, as a result, BlueLinx expects to receive net proceeds of approximately $38.7M from the offering. Following the issuance of the newly subscribed shares BlueLinx will have approximately 86.6M total shares outstanding.
News For BXC From The Last 14 Days
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October 9, 2014
17:03 EDTBXCBlueLinx announces distribution agreement with Weyerhaeuser
BlueLinx (BXC) announced a new distribution agreement with Weyerhaeuser (WY) to become a distributor of their engineered wood products, including Trus JoistŪ TJI, TimberStrand LSL, Microllam LVL, Parallam PSL, and TJ Rim board, in their Delta Gulf market effective October 1. The agreement applies to the Delta Gulf market only and does not impact BlueLinx' strategy or approach in other markets. BlueLinx currently operates three facilities in the Delta Gulf market defined as the southern halves of Louisiana, Mississippi, and Alabama along with the panhandle of Florida.

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