Bank of America Corp. Market Index Target Securities Linked TO The S&P 500 Index (AMEX:MHM)
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Acquisition of Masonite by KKR completed today
TORONTO, April 6 /PRNewswire-FirstCall/ -- Masonite International Corporation
(TSX and NYSE: MHM) announced today that the plan of arrangement providing for
the acquisition of Masonite by Stile Acquisition Corp., an affiliate of
Kohlberg Kravis Roberts & Co. L.P. (KKR), was completed today.
Shareholders should refer to Masonite's management information circular dated
March 4, 2005 for information regarding receipt of the payment of C$42.25 per
share for their Masonite shares.
Masonite is a unique, integrated, global building products company with its
corporate headquarters in Mississauga, Ontario and its international
administrative offices in Tampa, Florida. It operates over 75 facilities in 18
countries in North America, South America, Europe, Asia and Africa and has
approximately 14,000 employees. The company sells its products to customers in
over 70 countries. For more information, visit http://www.masonite.com/.
KKR is one of the world's oldest and most experienced private equity firms,
with offices in New York, Menlo Park, California and London, England. Over the
past twenty eight years, KKR has invested in more than 115 transactions with a
total value of US$138 billion. For more information, visit http://www.kkr.com/.
DATASOURCE: Masonite International Corporation
CONTACT: John F. Ambruz, Executive Vice-President, Strategic
Development, Masonite International Corporation, Telephone: (905) 670-6500