ACCO Brands (ABD) will merge with MeadWestvaco's (MWV) consumer and office products business in...

|About: ACCO Brands Corporation (ACCO)|By:, SA News Editor

ACCO Brands (ABD) will merge with MeadWestvaco's (MWV) consumer and office products business in a transaction valued at ~$860M. MWV shareholders will own 50.5% of the combined company. ACCO says the combination will increase its annual revenues by more than 50% and should immediately be accretive to its EPS. ABD +22.1%, MWV +1.2% premarket.