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News Breaks | | | | June 25, 2012 | | 18:05 EDT |  | RKT | Rock-Tenn acquires Mid South Packaging from Coridel Capital
RockTenn announced that it has closed on its acquisition of the assets of Mid South Packaging, a specialty corrugated packaging manufacturer with operations in Cullman, Alabama, and Olive Branch, Mississippi, from Coridel Capital Partners. "The acquisition of Mid South, a company well-known for its profitable business model and efficient, well-run operations, is in keeping with our announced strategy to seek acquisitions that increase our integration level," said James A. Rubright, RockTenn's Chairman and CEO. "Adding Mid South's unique customers to RockTenn's already diversified customer base further strengthens our market reach." | |
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News For RKT From The Last 14 Days Check below for free stories on RKT the last two weeks. |
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| May 17, 2013 | | 07:33 EDT |  | RKT | Paper & Packaging names likely to return cash to holders, says Jefferies
Jefferies expects names in the Paper & Packaging space to start returning cash to shareholders at a greater rate due to strong balance sheets and record free cash flow. The firm names International Paper (IP), RockTenn (RKT) and Owens-Illinois (OI) as best positioned to see higher share prices from more aggressive cash returns to shareholders. Jefferies says Crown Holdings (CCK), Graphic Packaging (GPK) and Owens-Illinois are likely to issue dividends. | |
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