Masonite International withdraws IPO, approved to list on the NYSE without a concurrent equity offering

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Masonite International, which is a leading global designer and manufacturer of doors for residential and commercial buildings, withdrew its plans for an initial public offering on Friday. The company announced yesterday that its shares have been approved to list on the NYSE without a concurrent equity offering and will begin trading under the ticker DOOR on Monday, September 9.

The Ontario, Canada-based company was founded in 1925 and booked $1.7 billion in sales for the 12 months ended March 31, 2013. Deutsche Bank, Barclays and BofA Merrill Lynch were set to be the joint bookrunners on the deal.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: DOOR

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