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ACCO Brands Corporation (ACCO)

- NYSE
  • Nov. 17, 2011, 9:04 AM
    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.
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Company Description
ACCO Brands Corp is amanufacturer & marketer of office, school & calendar products and select computer and electronic accessories.It sell itsproducts to consumers & commercial end-users through resellers, including traditional office supply resellers.
Industry: Office Supplies
Country: United States