Appeals Court Rules in Favor of Steves; JELD-WEN Must Divest Towanda, PA Doorskin Plant in a Case Court Calls "Poster Child for Divestiture"
Appeals Court Rules in Favor of Steves; JELD-WEN Must Divest Towanda, PA Doorskin Plant in a Case Court Calls “Poster Child for Divestiture” By Staff 1 month ago SAN ANTONIO–(BUSINESS WIRE)–Calling the case “a poster child for divestiture” in a historic ruling, a three-judge panel of the United States Court of Appeals for the Fourth Circuit filed a 67-page unanimous opinion February 18 affirming a lower court’s order in favor of Steves & Sons, Inc. (www.StevesDoors.com), that JELD-WEN Holding, Inc. (NYSE-JELD), must divest itself of its 2012 acquisition of a competitor, CMI, a...
Source: digitalmedianet.com