USG takes $7 billion offer from Knauf after spurned advances
June 11, 2018 at 11:14 AM EDT
June 11 (Reuters) - Sheetrock maker USG Corp accepted a $7 billion cash offer from German construction products maker Gebr Knauf KG on Monday after three months of back-and-forth negotiations that began when longtime USG shareholder Warren Buffett teamed up with the German bidder to sell his stake.
