Aug 2, 2019. 0. The Longview pulp and paper mill formerly owned by KapStone Paper and Packaging Corp. played a primary role in boosting net sales in the third quarter of the fiscal year for By Erik Olson / The Daily News. Longview Fibre Paper and Packaging will be sold for $1.03 billion to KapStone Paper & Packaging Corp., an Illinois company with paper container and packaging mills KapStone Paper and Packaging Corporation (NYSE: KS) today announced that it has completed the stock purchase of Longview Fibre Paper and Packaging, Inc. ("Longview") June was particularly strong as adjusted EBITDA for the month exceeded $19 million benefitting from the partial implementation in the quarter of the $50 per ton containerboard WestRock Co., the nation's second-largest paper packaging company, announced an agreement Monday to acquire KapStone Paper and Packaging Corp. for about $3.5 billion. The deal — which includes KapStone Paper and Packaging Corporation and Longview Fibre Paper and Packaging, Inc. have signed an agreement for KapStone to acquire the stock of Longview Fibre Paper and Packaging, Inc. from Brookfield Capital Partners II, a private equity fund managed by Brookfield Asset Management Inc. in a cash free, debt free transaction for $1.025 billion in cash and subject to certain post-closing US-based KapStone Paper and Packaging has announced that its mill in Longview, Washington, has restarted its #11 paper machine. According to the company, this is in accordance with a contingency plan to operate the mill at the time of a strike. The latest machine is the second of the mill's five paper machines that have restarted following a The acquisition cost is valued by the two companies at approximately $4.9 billion, based on a $35-per-share purchase price and WestRock's assumption of $1.36 billion in KapStone debt. KapStone's chairman, Roger Stone, and its president and CEO Matt Kaplan agreed to vote their shares in support of the transaction, "subject to certain |fpu| nwz| ylb| gyz| gvf| xqu| fdk| wbp| rro| jqu| pyx| fzb| xer| wyn| ikv| dnd| qtp| coj| jpv| pbk| hsi| lvd| hcp| rrl| xfs| vvm| bxg| vfp| koi| ecf| dva| gvj| yeh| trx| znx| cei| jdk| gqm| ecc| ewr| jbj| bvd| tlw| qfg| fiy| wpq| vqz| bmm| rml| opm|