March 26, 2018 / 1:00 PM / a month ago

BRIEF-USG Board Unanimously Rejects Unsolicited Proposal From Knauf

March 26 (Reuters) - USG Corp:

* USG BOARD OF DIRECTORS UNANIMOUSLY REJECTS UNSOLICITED PROPOSAL FROM KNAUF

* USG CORP -BOARD EVALUATED PROPOSAL, DETERMINED THAT PROPOSAL “SUBSTANTIALLY UNDERVALUES” CO, IS “NOT IN BEST INTERESTS OF ALL OF USG’S SHAREHOLDERS”

* USG CORP - CONFIDENT THE STRATEGY PRESENTED ATINVESTOR DAY WILL "DELIVER SIGNIFICANTLY MORE VALUE TO OUR SHAREHOLDERS THAN KNAUF’S PROPOSAL" Source text (reut.rs/2pCNUAD) Further company coverage:

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