Upon completion of the transaction, Masonite shareholders will own approximately 84% of the combined company, with PGT Innovations shareholders owning approximately 16%. The per share consideration represents a premium of approximately 24% to PGT Innovations’ 30-day volume weighted average share price. Under the terms of the agreement, PGT Innovations shareholders will receive $41.00 per each PGT Innovations share they own, comprised of $33.50 in cash and $7.50 in common shares of Masonite. (“PGT Innovations”) (NYSE: PGTI), a designer and manufacturer of patio door and premium window solutions, and recognized leader in technically advanced products for impact rated glass applications, today announced a definitive agreement under which Masonite will acquire PGT Innovations for a combination of cash and Masonite shares with a total transaction value of $3.0 billion. & VENICE, Fla.-( BUSINESS WIRE)-Masonite International Corporation (“Masonite” or the “Company”) (NYSE: DOOR), a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and premium door systems, and PGT Innovations, Inc. “Top-notch support and customer service!” – Michael H.TAMPA, Fla. Come talk to us at Sun Barrier to learn how easy, and economical it is. Want to make your new room permanent? Upgrade it with an impact-resistant cabana door. Sturdy kick plates prevent damage to screen panels by the most rambunctious kids yet won’t cause damage to tires should you decide to share your playroom with your car. What if we told you that you already have that extra room, and it’s hiding in plain sight? It’s your garage, and you can turn yours into the extra room you’ve always wanted in less than one day’s time, with PGT Eze-Breeze and Sun Barrier! PGT Eze-Breeze’s patented slider panels glide smoothly on oversized neoprene wheels, then latch securely with the touch of a finger. You’d love to have an arts and crafts room, a home gym, or a dedicated playroom for your kids, but you just don’t have the space in your house. Turn a forgotten room into a favorite room Check out Sun Barrier’s showroom in Longwood, FL, today. These solidly constructed doors will give you years of enjoyment, and easy access, to your favorite outdoor living spaces. Sun Barrier to the rescue! PGT Eze-Breeze’s line of cabana doors is designed to easily compliment their vertical and horizontal screens and can be converted from Z-bar to equal-leg, and back again, in minutes. A fully functional screened-in porch or lanai needs a door that can stand up to the elements, and let the fresh air in. Having to traipse all the way through the house from your patio or sun porch every time you want to take a swim or tend your backyard flowerbed is a pain. Available in four-track and horizontal slider configuration, with fixed vents to allow for even better views, PGT Eze-Breeze are vastly superior to old-style screens, and a huge improvement over open air. Bring them back into your lives, with a little help from Sun Barrier! PGT Eze-Breeze patio enclosures can let all the good things about the outdoors in, while keeping the not-so-good stuff out. Then the reality of weather, insects, and the occasional hurricane set in, and now, your outdoor spaces are languishing unused. When you bought your Longwood, FL, home, you had visions of backyard barbecues with the family, pool parties with the neighbors, and spending the occasional night on the patio gazing at the stars and enjoying a cool night breeze. Solution? PGT Eze-Breeze porch screens from Sun Barrier! For your patio, pool, garden gazebo, or even your garage, they’re easy to install yourself, or simply call our team in Longwood, FL, to have one of our professional window screen installers design and install a custom enclosure for you. What you don’t love are the mosquitos, wind, rain, and periods of direct sunlight that you’d just as soon not have to deal with. You love mild winters and being outdoors. PGT Eze-Breeze Porch Screens in Orlando, FL
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