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Tag: rocktenn
Rock-Tenn (RKT) Stock Upgraded Today at Keybanc
2015-01-30 09:21:44| Paper - Topix.net
The firm said it raised its rating on the integrated manufacturer of corrugated and consumer packaging based on its belief the company's merger with MeadWestvaco Corp. The two companies announced the merger on Monday stating that the transaction has a combined equity value of $16 billion. Keybanc said it "thought highly" of the deal when it was announced and believes the merger will go through, though it is uncertain about the timing.
Tags: today
stock
upgraded
rkt
MWV and RockTenn combine to create $16bn packaging firm
2015-01-29 10:28:34| Paper - Topix.net
MeadWestvaco and RockTenn have taken steps towards creating a combined packaging giant with an equity value of $16 billion having signed a definitive combination agreement. The new combined packaging company, which will be named prior to closing which is expected in the second calendar quarter of this year, will be positioned to generate substantial cash flow to deliver superior growth as a consumer and corrugated packaging behemoth.
Tags: create
firm
combine
packaging
As Rock-Tenn and MeadWestvaco prepare to merge, no word on potential Triad jobs impact
2015-01-28 17:44:59| Paper - Topix.net
MeadWestvaco Corp. will buy Norcross, Ga.-based Rock-Tenn Co. in a $16 billion transaction to create a massive global provider of consumer and corrugated packaging.
Tags: jobs
word
potential
impact
MWV and RockTenn agree to combination creating a $16 billion global packaging leader
2015-01-27 21:46:50| Industrial Machines - Topix.net
Rock-Tenn Company and MeadWestvaco Corporation announce that they have entered into a definitive combination agreement to create a leading global provider of consumer and corrugated packaging in a transaction with a combined equity value of $16 billion. The combined company, to be named prior to closing, will have combined net sales of $15.7 billion and adjusted EBITDA of $2.9 billion, including the impact of $300 million in estimated annual synergies to be achieved over three years.
Tags: global
agree
combination
creating
RockTenn paper mill announces merger with MeadWestvaco
2015-01-27 12:39:05| Paper - Topix.net
RockTenn Company and MeadWestvaco Corporation announced this morning that they are merging to create a $16 billion global packaging company. The combined company, to be named prior to closing, will have combined net sales of $15.7 billion and adjusted earnings before taxes of $2.9 billion, including the impact of $300 million in estimated annual savings to be achieved over three years.
Tags: paper
mill
announces
merger
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