Ainsworth deal lifts rival stocks
Sept. 6, 2013 - Shares of wood product companies have risen with the news of LP's purchase of Ainsworth. The consolidation may mean less volatility in the sector.
According to Reuters, "the top six OSB producers will now control nearly 90 per cent of the market, and investors and analysts hope this will reduce the risk of too many players restarting too much capacity too quickly."
For more information, go to http://www.reuters.com/article/2013/09/05/us-ainsworth-louisianapacific-idUSBRE9840ZS20130905.
September 6, 2013 By Amie Silverwood
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