MasterBrand completes all-stock merger with American Woodmark

MasterBrand Inc. has successfully completed its merger with American Woodmark Corporation in an all-stock transaction, with American Woodmark shareholders receiving 5.150 MasterBrand shares per share held. The combined company expects to achieve $90 million in annual run-rate cost synergies by year three and become accretive to adjusted diluted earnings per share in year two.