Something in the air? Louisiana-Pacific (NYSE:LPX), based here, today announced plans to offer up to 20.7MM shares of its common stock, and will use the proceeds to paydown debt and for other corporate purposes. The company has been buffeted by financial problems, as the housing market imploded.
Monday, September 21, 2009
LP offers up 20.7MM shares
Something in the air? Louisiana-Pacific (NYSE:LPX), based here, today announced plans to offer up to 20.7MM shares of its common stock, and will use the proceeds to paydown debt and for other corporate purposes. The company has been buffeted by financial problems, as the housing market imploded.
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