Packaging & Containers M&A » By The Online Investor Staff, updated Mon., May. 6, 7:39 PM
Recent mergers and acquisitions in the Packaging & Containers M&A category.
Slide #4. Packaging Corporation of America — Boise
Acquirer: |
Packaging Corporation of America (PKG) |
Acquiree: |
Boise (BZ) |
Details: |
Packaging Corporation of America (NYSE:PKG) and Boise (NYSE:BZ) today announced that they have entered into a definitive agreement under which PCA will acquire all of the outstanding common shares of Boise for $12.55 per share in cash, for an aggregate transaction value of $1.995 billion, inclusive of $714 million of outstanding indebtedness of Boise. The transaction is expected to close in the fourth quarter of 2013 with committed debt financing, but is subject to certain customary conditions and regulatory approvals. |
Packaging Corp of America is a producer of containerboard products and a producer of uncoated freesheet paper in North America. Co. has the following reportable segments: Packaging and Paper. In its Packaging segment, Co.'s containerboard mills produce linerboard and corrugating medium that are papers primarily used in the production of corrugated products, as well as its corrugated products manufacturing plants produce a variety of corrugated packaging products. In its Paper segment, Co. manufactures and sells papers, including both commodity and specialty papers, which may have custom or specialized features such as colors, coatings, high brightness, and recycled content.
PKG SEC Filing Email Alerts Service
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Packaging Corp of America is a producer of containerboard products and a producer of uncoated freesheet paper in North America. Co. has the following reportable segments: Packaging and Paper. In its Packaging segment, Co.'s containerboard mills produce linerboard and corrugating medium that are papers primarily used in the production of corrugated products, as well as its corrugated products manufacturing plants produce a variety of corrugated packaging products. In its Paper segment, Co. manufactures and sells papers, including both commodity and specialty papers, which may have custom or specialized features such as colors, coatings, high brightness, and recycled content.
PKG SEC Filing Email Alerts Service
Open the BZ Page at The Online Investor »
Company Name: |
Packaging Corp of America |
Stock buyback: |
PKG buyback |
Website: |
www.packagingcorp.com |
Sector: |
Packaging & Containers |
Number of ETFs Holding PKG: |
104 |
Total Market Value Held by ETFs: |
$3.08B |
Total Market Capitalization: |
$15.71B |
% of Market Cap. Held by ETFs: |
19.58% |
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