Watch These Four Stocks On Rock-Tenn's (RKT) Takeover Of Smurfit-Stone (SSCC)

Over the weekend, Rock-Tenn Co. (NYSE: RKT) announced plans to acquire Smurfit-Stone Container Corp. (Nasdaq: SSCC) for $35 per share in cash and stock, or a 27% premium to Friday's' close.

Rock-Tenn is paying 6.1X Smurfit-Stone annualized 4Q10 EBITDA of $820 million.

The takeover news should have positive implications for other containerboard producers.

• International Paper Co. (NYSE: IP) trades at 5.76 EV/EBITDA
  
• Temple-Inland Inc. (NYSE: TIN) trades at 7.23 EV/EBITDA
  
• Packaging Corp. of America (NYSE: PKG) trades at 10.77 EV/EBITDA
  
• Boise Inc. (NYSE: BZ) trades at 4.43 EV/EBITDA

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• NVIDIA (NVDA) in talks to invest in data-center company Cloverleaf Infrastructure - WSJ
• Bernstein on whether Hershey (HSY) could eventually step up to buy Mondelez (MDLZ)
• SEC accuses ex-BofA senior banker Satsky of insider trading - Bloomberg