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A package deal: MeadWestvaco, Rock-Tenn join to form $16 billion behemoth

2015-01-26 13:46:11| Paper - Topix.net

Rock-Tenn and MeadWestvaco will join forces to create a $16 billion packaging company, driving down its own costs and possibly gaining the scale to better dictate prices. The company, which had not been named as of Monday, will have combined sales of $15.7 billion and its board will include eight directors from Rock-Tenn and six directors from MeadWestvaco.

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