Rock-Tenn Company Agrees to Acquire Southern Container Corp. (Centre Daily Times)

Story date: 2008-01-10 06:53:17
Added on: 2008-01-10 19:00:13

Rock-Tenn Company (NYSE:RKT) today announced that it has agreed to acquire the stock of Southern Container Corp. ("Southern Container"), a privately-held containerboard manufacturing and corrugated packaging business, for $851 million in cash. Rock-Tenn expects that Southern Container will have approximately $142 million in debt outstanding immediately after the acquisition. Southern Container ...


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