Carlyle Raises ElkCorp Ante (Again)

The Carlyle Group has once again increased its bid for Dallas-based roofing and building products company ElkCorp (NYSE: ELK), due to competition from Building Materials Corporation of America. The latest Carlyle offer is $42 per share, which matches the latest bid from BMCA. Carlyle originally bid $38 per share, and later increased it to $40.50 per share.