Carlyle Keeps Going Higher on Elkcorp

The Carlyle Group has once been topped in its efforts to acquire Dallas-based roofing and building products company ElkCorp (NYSE: ELK). Building Materials Corp. of America has raised its bid from $42 to $43.50 per share, and said that JPMorgan has been added to a financing consortium that already included Deutsche Bank and Bear Stearns. Carlyle yesterday had raised its bid to $42 per share, which was its second increase. It had originally bid $38 per share.