Cameron Ashley Building Products Reports Termination of Letter of Intent With Bradco Supply Corporation.DALLAS--(BUSINESS WIRE)--Oct. 27, 1997--Cameron Ashley Building Products, Inc. (Nasdaq:CABP CaBP Calcium Binding Protein CABP Coalition Air Battle Planning CABP Certificate of the Arab Board of Pediatrics ) announced today that its letter of intent to acquire Bradco Supply Corporation, a New Jersey-based distributor of roofing and other exterior building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . , has been terminated. The Company had previously announced its signing of a letter of intent to acquire Bradco Supply on October 3, 1997. Ronald R. Ross, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cameron Ashley, commented: "We are disappointed that we were unable to reach a definitive agreement with Bradco. Cameron Ashley will continue to pursue its stated goals of growing our network in both branches and sales in a systematic, timely way as we focus on further enhancing shareholder value." Cameron Ashley Building Products, Inc. is a distributor of a broad line of building products that are used principally in home improvement, remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling and repair work and in new residential and commercial construction. The Company distributes its products through a network of 145 branches located throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. CONTACT: CAMERON ASHLEY BUILDING PRODUCTS, INC. F. Dixon McElwee Chief Financial Officer (214) 860-5100 or Morgen-Walke Associates June Filingeri/Jonathan Schaffer Media contact: Stan Froelich (212) 850-5600 |
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