image description

MeadWestvaco Announces Major Merger

January 26th, 2015 by WCBC Radio

The name Westvaco was around these parts for so long that residents still refer to the Luke Mill by the name, even though it sold the mill years ago.

Still, many still hold the stock through investment and retirment accounts, and today it was announced that MeadWestvaco was merging with it's top competitor in packaging, RockTenn.

The new company would have combined equity of $16 billion.

 

Leave a Reply

 



View Mobile Site