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Huttig Building Products Inc. – ‘8-K’ for 8/13/20 – ‘EX-99.1’

On:  Tuesday, 8/18/20, at 9:46am ET   ·   For:  8/13/20   ·   Accession #:  1171843-20-5989   ·   File #:  1-14982

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/18/20  Huttig Building Products Inc.     8-K:8,9     8/13/20   12:206K                                   Globenewswire Inc./FA

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     19K 
 2: EX-99.1     Press Release                                       HTML      7K 
 8: R1          Cover                                               HTML     44K 
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 9: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 4: EX-101.DEF  XBRL Definitions -- gnw-20190101_def                 XML     71K 
 5: EX-101.LAB  XBRL Labels -- gnw-20190101_lab                      XML     99K 
 6: EX-101.PRE  XBRL Presentations -- gnw-20190101_pre               XML     68K 
 3: EX-101.SCH  XBRL Schema -- gnw-20190101                          XSD     13K 
11: JSON        XBRL Instance as JSON Data -- MetaLinks               26±    34K 
12: ZIP         XBRL Zipped Folder -- 0001171843-20-005989-xbrl      Zip     13K 


‘EX-99.1’   —   Press Release


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EXHIBIT 99.1

Huttig Building Products, Inc. Confirms Receipt of Unsolicited Acquisition Proposal from Mill Road Capital

ST. LOUIS, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. (“Huttig” or the “Company”) (NASDAQ: HBP), a leading domestic distributor of millwork, building materials and wood products, confirmed it has received an unsolicited, non-binding, expression of interest from Mill Road Capital Management LLC and its affiliated funds (“Mill Road”), a private investment firm, to acquire all of the outstanding common stock of the Company for $2.75 per share.  Consistent with its fiduciary duties, the Board of Directors, in consultation with its financial and legal advisors, will review the letter and determine the course of action it believes is in the best interests of its stockholders.  The Company will communicate future developments in accordance with its ongoing disclosure requirements.

The Company has retained Lincoln International as its financial advisor.

About Huttig

Huttig, currently in its 136th year of business, is one of the largest domestic distributors of millwork, building materials and wood products used principally in new residential construction and in-home improvement, remodeling and repair work. Huttig distributes its products through 25 distribution centers serving 41 states.  Huttig's wholesale distribution centers sell principally to building materials dealers, national buying groups, home centers and industrial users, including makers of manufactured homes.

For more information please contact:

Huttig Building Products
investor@huttig.com

 


Dates Referenced Herein

This ‘8-K’ Filing    Date    Other Filings
Filed on:8/18/20None on these Dates
For Period end:8/13/20
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Filing Submission 0001171843-20-005989   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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