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American Woodwork Corp. AMWD, -4.42% said Friday it agreed to buy kitchen and ablution chiffonier maker RSI Home Products Inc. for $486 actor in banknote and stock. Including $589 actor in debt, the would be accord admired at $1.075 billion. Under agreement of the deal, the aggregation will pay $346 actor in banknote and affair $140 actor account of American Woodmark banal to RSI shareholders. The accord is accepted to add anon to earnings. The aggregation said it will append its allotment repurchase program. Separately, American Woodmark appear budgetary second-quarter net assets that rose to $19.8 million, or $1.21 a share, from $17.6 million, or $1.07 a share, in the aforementioned aeon a year ago. That exhausted the FactSet earnings-per-share accord of $1.20. Revenue rose to $274.8 actor from $264.1 million, but absent the FactSet accord of $280.6 million. The stock, which was still abeyant in premarket trade, has rallied 32.4% year to date, while the S&P 500 SPX, -0.11% has climbed 18.3%.

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