PGT Innovations up 4% at $41.75 following Miter Brands takeover proposal

Shares of PGT Innovations are up about 4% or $1.51 afterhours at $41.75 as shares resume trading after the company disclosed an unsolicited takeover proposal from Miter Brands to acquire all outstanding shares of PGT Innovations’ common stock for $41.50 per share in cash.