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Packaging Corp Acquires Boise Inc.

Packaging Corp of America (NYSE: PKG) has agreed to acquire its rival packaging and paper products company, Boise Inc. (NYSE: BZ) in deal estimated at $1.28 billion. According to the terms of the agreement, Packaging Corp will offer $12.55 a share, which represents a premium of 26% to Boise’s Friday closing stock price. Shares of [...]

September 16th, 2013 | Tags: , | Category: Large Cap Growth Stocks | Leave a comment
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Packaging Corp of America Tops Q2 Forecast, Shares Gain Sharply in Afterhours (PKG)

Containerboard manufacturer, Packaging Corp of America, (NYSE: PKG) reported late last evening that fiscal second quarter net income increased 43%, aided by both rise in the shipments and prices of corrugated products.

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July 17th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment

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