USG Corp. to merge with Gebr. Knauf KG in $7B deal

USG Corp., a drywall producer, is proposed to merge with Gebr. Knauf KG for $7 billion. A Delaware court rejected an injunction to block the shareholder vote on the merger.

“Delaware's Chancery Court on Tuesday rejected a preliminary injunction to block a looming vote on a proposed $7 billion merger of drywall producer USG Corp. with Gebr. Knauf KG”law360.com

• 2 sources
• law360.comChancery Nixes Injunction For $7B USG-Knauf Merger Vote - Law360Jeff MontgomerySep 26, 2018
• rcbizjournal.comKnauf to acquire United States Gypsum Corporation -Oct 20, 2018

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