loss on early extinguishment of debt and a $26.5 million expense relating to the termination of last year's Graham Packaging merger agreement. Currency headwinds also contributed to the weakness in the quarter and more than offset higher
shown a clear intent to use its balance sheet for financing acquisitions. For instance, Silgan launched a bid for Graham Packaging in 2011 for $4.1 billion, and a majority of the funding would have come from cash had the deal been consummated
food companies explore other packaging substrates. Although Silgan was unsuccessful in its 2011 quest to purchase Graham Packaging , it did benefit from the receipt of a $25.2 million cash payment from merger termination fees. We believe that
outbid in its quest to acquire Graham Packaging GRM , it still profited from the endeavor ..... troubles. While we viewed the Graham acquisition as a highly accretive ..... bidding war. Nonetheless, the Graham offer has shown us that Silgan
the $4.1 billion Graham Packaging GRM acquisition. We had ..... company's announcement that Graham had agreed to be acquired ..... Although we viewed the Graham acquisition, if consummated ..... acquisitions. For example, Graham Packaging , unlike Silgan, which
Silgan SLGN announced Friday that erstwhile acquisition target Graham Packaging had terminated the merger agreement between the two companies and instead signed a definitive merger agreement to be acquired by
* Graham Packaging shares gain as much as 19 pct (Adds name bidder, background, updates shares)
NEW YORK, June 13 (Reuters) - New Zealand's Rank Group is the mystery bidder for Graham Packaging Co Inc , a source familiar with the situation said on Monday.
NEW YORK (Reuters) - Shares in Graham Packaging Co Inc rose over 18 percent on Monday after the company said it received an unsolicited buy-out offer from a third party.
SLGN under review in the wake of Graham Packaging 's announcement Monday that it ..... unnamed third party to acquire Graham at a price of $25 per share ..... per share by a healthy margin. Graham 's board indicated in its press