Carlisle Proposes All-Cash-and-Stock Deal for Owens Corning; OS Falls 7.7%

According to the Wall Street Journal, Carlisle has proposed acquiring Owens Corning through an all-cash-and-stock transaction. However, Owens Corning has not invested significant effort in negotiating the potential deal to date. Shares of Owens Corning (OS) fell 7.7% following the announcement.
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