Nice lift for paper and containerboard stocks after Boise buyout

The sweet premium that Packaging Corporation decided to pay for Boise is helping to lift the share price of peers across sector.

Consolidation across the sector is seen as necessary by some analysts with paper and containerboard demand soft.

Advancers: RKT +5.6%, IP +1.8%, KS +8.1%, RFP +2.6%, GLT +1.2%.

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Comments (1)
  • BermudaHigh
    , contributor
    Comments (571) | Send Message
    So this didn't last too long...why did they take RKT to the woodshed this morning? I mean isn't it a no brainer, bet-the-farm-on-it, "beat and raise" story? Or maybe it is just an overpriced cyclical selling a commoditized product?
    18 Sep 2013, 11:14 AM Reply Like
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