|Last Price$49.56||Day Change (%)-0.44%|
|Open Price$49.51||Day Change ($)-0.22|
|Day Range49.19–49.74||52-Week Range35.92–55.15|
As of Thu 3/26/2015 5:13:00 PM | USD
MWV and RockTenn Announce Executive Leadership Team for Combined Company
We expect to raise our fair value estimates but don't anticipate changing either company's no-moat rating following news of the deal.
It's time for the company to focus on packaging and shed the remaining noncore businesses.
Pharma dispensing systems and excellent management have brought success.
This well-run but relatively unknown packaging company deserves attention.
With fewer M&A opportunities, we think industry buyback activity will increase through 2017.