- Packaging Corporation of America (PKG +0.7%) completes the acquisition of Boise (BZ +0.2%). All BZ shares not purchased in the tender offer have been converted into the right to receive $12.55/share in cash.
- 6.6% Boise shareholder Carlson Capital had agitated for a divestment of the paper ops and believed shares could be worth as much as $17/share.
Packaging Corp completes Boise acquisition
Oct 25 2013, 12:43 ET