* Cerberus offers to buy remaining stake in co
* Offer at 36 pct premium to Wednesday's close
* Offer value total company at $111.1 mln
July 22 Private equity firm Cerberus Capital
Management LP offered to buy out BlueLinx Holdings Inc (BXC.N)
by acquiring shares it does not already own, valuing the
distributor of building products at $111.1 million.
Cerberus, whose affiliate already owns 55.39 percent of
BlueLinx as of May 7, said it would buy the remaining shares
for $3.40 a share in cash, a premium of about 36 percent to the
stock's closing price Wednesday.
Cerberus said it intends to commence the offer within seven
BlueLinx shares were trading at $3.40 before the bell.
(Reporting by A.Ananthalakshmi in Bangalore; Editing by