|Last Price$79.42||Day Change (%)0.65%|
|Open Price$79.00||Day Change ($)0.51|
|Day Range78.34–79.65||52-Week Range44.32–80.25|
As of Tue 8/30/2016 5:09:00 PM | USD
Packaging Corporation of America Completes Acquisition of TimBar Corporation
It's time for the company to focus on packaging and shed the remaining noncore businesses.
With fewer M&A opportunities, we think industry buyback activity will increase through 2017.
The market seems smitten with the newfound pricing power in the industry, but it won't last.