Merion Road Capital Purchases American Woodmark Shares Following Merger Announcement

Merion Road Capital Management purchased American Woodmark (AMWD) following the merger announcement with Masterbrand. The company highlighted the $90mm in cost synergies relative to $490mm in EBITDA, an 18% increase. Merion Road Capital Management expects the integration progress to be on track, and the standardized product offering of AMWD should make it easier to integrate with Masterbrand.