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In another sign of consolidation in the home improvement industry, an Atlanta, Ga., manufacturer owned by a White Plains holding company has been purchased for $40 million by the nation's leading manufacturer of residential and commercial roofing products.
Leslie-Locke Inc. of Atlanta will retire its outstanding debt as part of a sale of its assets to the Building Materials Corporation of America, a wholly owned subsidiary of industrial conglomerate GAF Corp. which does business as GAF...