RockTenn and Smurfit-Stone Announce Early Termination of HSR Waiting Period
07 Février 2011 - 2:21PM
Business Wire
RockTenn (NYSE: RKT) and Smurfit-Stone Container Corporation
(NYSE: SSCC) announced today that the Federal Trade Commission has
granted early termination of the waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection
with the previously announced acquisition of Smurfit-Stone
Container Corporation by RockTenn.
The transaction remains subject to other customary closing
conditions, including approval by the stockholders of both
companies.
About RockTenn
RockTenn (NYSE:RKT) is one of North America’s leading
manufacturers of paperboard, containerboard and consumer and
corrugated packaging, with annual net sales of $3 billion.
RockTenn’s 10,400 employees are committed to exceeding their
customers’ expectations – every time. The Company operates
locations in the United States, Canada, Mexico, Chile and
Argentina. For more information, visit www.rocktenn.com.
About Smurfit-Stone Container Corporation
Smurfit-Stone (NYSE:SSCC) is one of the industry's leading
integrated containerboard and corrugated packaging producers and
one of the world's largest paper recyclers. The Company is a member
of the Sustainable Forestry Initiative®. Smurfit-Stone generated
revenue of $6.3 billion in 2010; has led the industry in safety
every year since 2001; and conducts its business in compliance with
the environmental, health and safety principles of the American
Forest & Paper Association.
Additional Information and Where to Find It
In connection with the proposed transaction, RockTenn and
Smurfit-Stone Container Corporation will be filing documents with
the Securities and Exchange Commission (the “SEC”), including the
filing by RockTenn of a registration statement on Form S-4 that
will include a joint proxy statement of RockTenn and Smurfit-Stone
Container Corporation that also constitutes a prospectus of
RockTenn. RockTenn and Smurfit-Stone Container Corporation
stockholders are urged to read the registration statement on Form
S-4 and the related joint proxy statement/prospectus when they
become available, as well as other documents filed with the SEC,
because they will contain important information. The final
joint proxy statement/prospectus will be mailed to stockholders of
RockTenn and stockholders of Smurfit-Stone. Investors and security
holders may obtain free copies of these documents (when they are
available) and other documents filed with the SEC at the SEC’s
website at www.sec.gov, or by contacting RockTenn Investor
Relations at (678) 291-7900 or Smurfit-Stone Container Corporation
Investor Relations at (314) 656-5553.
Participants in the Merger Solicitation
RockTenn, Smurfit-Stone Container Corporation and their
respective directors, executive officers and other members of
management and employees may be deemed to be participants in the
solicitation of proxies in respect of the transaction. Information
concerning RockTenn's executive officers and directors is set forth
in its definitive proxy statement filed with the SEC on December
17, 2010. Information concerning Smurfit-Stone Container
Corporation's executive officers and directors is set forth in its
annual report on Form 10-K for the year ended December 31, 2009,
which was filed with the SEC on March 2, 2010, and in its current
report on Form 8-K filed on July 7, 2010. Additional information
regarding the interests of participants of RockTenn and
Smurfit-Stone Container Corporation in the solicitation of proxies
in respect of the transaction will be included in the
above-referenced registration statement on Form S-4 and joint proxy
statement/prospectus when it becomes available. You can obtain free
copies of these documents from RockTenn and Smurfit-Stone Container
Corporation using the contact information above.
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