Hints and tips:
...MeadWestvaco and RockTenn agreed to merge on Monday to form a packaging company with a combined equity value of $16bn....
...The US industry has consolidated, with the RockTenn/MeadWestvaco deal announced in January. Transatlantic consolidation could make sense for an industry that has struggled with overcapacity....
...The activist investor has had some success with its recent agitation, with victories including Staples buying Office Depot for $6.3bn and MeadWestvaco and RockTenn agreeing a $16bn packaging sector merger...
...NewPage was created when Cerberus Capital Management bought the coated paper business from MeadWestvaco in 2005 for $2.3bn....
...AMR Corp , the parent company of American Airlines, fell 5.5 per cent to $1.72, after hitting an 8 year intra day low of $1.63....
...In mid-morning trading, the MeadWestvaco's shares were up 0.5 per cent at $33.08. MeadWestvaco's market value has more than doubled since its shares hit a trough close to $15 in late 2002....
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