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Summit Materials completes merger with Quikrete

Summit Materials announced the closing of its previously announced definitive agreement to be acquired by Quikrete Holdings for $52.50 per share in cash, for a total enterprise value of approximately $11.5B, including debt. Summit’s common stock has ceased trading on the NYSE and will no longer be listed on any public market. Additionally, the company has become a privately held subsidiary of Quikrete.

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