Landcadia Holdings III in an 8_K filed today said it has entered into a merger agreement with the Hillman Group at a $2.4 billion valuation.
Landcadia has agreed to pay New Hillman common stock equal to approximately $911.3 million plus $28.28 million from shares of Class B common stock valued at $10 per share, for a total consideration of approximately $940 million.
Hillman is a leading company in the hardware and home improvemewnt industry. Read more.