Report: Sherwin Williams to Buy Valspar for $9.3 Billion

Sherwin WilliamsPaint maker Sherwin-Williams has agreed to acquire coatings supplier Valspar in an all-cash deal valued at $9.3 billion, the New York Times reports. Under the terms of the deal, Sherwin-Williams would pay $113 a share in cash, up nearly 35% from Valspar’s closing price on Friday.

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