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February 13, 2014
08:01 EDTLPXLouisiana-Pacific, Ainsworth enter timing agreements with regulators
Ainsworth Lumber and Louisiana-Pacific announced that they have entered into timing agreements with each of the Canadian Competition Bureau and the Antitrust Division of the U.S. Department of Justice pursuant to which Ainsworth and LP have agreed, subject to certain conditions, that they will not consummate LP's acquisition of Ainsworth before March 13 as the CCB and the DOJ continue their reviews. As a consequence of the timing agreements described above, Ainsworth and LP also announced that they have agreed to extend the outside date for completion of the Arrangement from March 4 to April 18.
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August 4, 2015
08:05 EDTLPXLouisiana-Pacific sees acceleration of building activity in 2H
“With reported housing starts in June at 1.174 million and permits at 1.343 million, we should see an acceleration of building activity in the second half of this year,” the company said. “Persistent labor shortages and the possibility of interest rate increases later in the year could dampen forecasted growth in the short term but increasing household formations and the need for housing should support continued building activity.”
08:04 EDTLPXLouisiana-Pacific reports Q2 adjusted EPS (8c), consensus (10c)
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