RE:West Fraser takeoverWow, this is crazy. WFG is the strongest. I thought they would be the acquirer of other North American players, not be acquired by a European company.
Mark Wilde, of BMO, mentioned in a report a while back that Kronospan reported a 8% or so holding in WFG. I should have paid more attention to it.
Looks like WFG is up close to 25% pre market. IFP and CFP should have similar moves. The industry is consolidating more and more.