Cases & Deals

Louisiana-Pacific enters cooperation agreement with D.E. Shaw Group

Client(s) Louisiana-Pacific Corporation

Jones Day advised Louisiana-Pacific Corporation in connection with a cooperation agreement with certain funds affiliated with D.E. Shaw. Under the agreement, D.E. Shaw may appoint a director to Louisiana-Pacific’s board of directors, subject to certain conditions. Louisiana-Pacific also announced that its board of directors had authorized a $600 million repurchase program, including a $400 million accelerated share repurchase.