# 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.

- Type: Acquisition
- Announced: 2018-09-25
- Where: Delaware, United States
- Value: $7.00B
- Status: announced
- Products: drywall
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [USG](https://endata.com/companies/27822.md) (target)
- [Gebr. Knauf KG](https://endata.com/companies/28423.md) (acquirer)

## Sources

- [law360.com](https://www.law360.com/articles/1085993/chancery-nixes-injunction-for-7b-usg-knauf-merger-vote), 2018-09-26: "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"
- [rcbizjournal.com](https://rcbizjournal.com/2018/10/20/knauf-to-acquire-united-states-gypsum-corporation/), 2018-10-20: "Our Board has worked diligently to evaluate all strategic options to maximize value for our shareholders, and we are pleased to have reached this agreement which provides our shareholders with significant and certain cash value."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.