Bloomberg says Sealed Air (SEE +4.8%) is poised to turn into a takeover target after a $2.9B...

|About: Sealed Air Corporation (SEE)|By:, SA News Editor

Bloomberg says Sealed Air (SEE +4.8%) is poised to turn into a takeover target after a $2.9B acquisition last year wiped out a third of its market value and left it trading at a 64% discount to sales. SEE has a low valuation that, combined with its cash flow and the potential to improve margins, could entice buyers willing to pay as much as $22/share, according to one analyst.