Posts Tagged ‘ PGT Innovations Inc. (PGTI) ’

PGTI Softly Rejects Latest Offer from Miter While Providing Punchlist for Better Deal

Jan 8th, 2024

Pass the Catchup: In October 2023, Miter Brands (MI Windows and Doors, Milgard Windows and Doors) tendered an offer for PGTI at $1.9 billion. PGTI rejected the deal. In December, Miter upped its offer to $2.2 billion, only to be turned down again. Days later, a deal was announced with Masonite, in which the company agreed to […]

PGTI Buyout Turns to Saga as Board Weighs Another Deal

Jan 3rd, 2024

A string of offers has turned a deal to acquire Venice, Fla.-based PGT Innovations Inc. (PGTI) into a saga, after an old suitor returned with a bigger check in hand. In October 2023, Miter Brands (MI Windows and Doors, Milgard Windows and Doors) tendered an offer for $1.9 billion, at $33 per share. When PGTI […]