S&P Lowers Outlook on Berry Plastics Group (BERY) to Stable Amid AEP Industries Deal
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Berry Plastics Group, Inc. Announces Agreement to Acquire AEP Industries Inc.
August 25, 2016 7:00 AM EDTAdds highly complementary products and customers in North America Significant cost savings opportunity with more than $50 million of annual cost synergies Accretive to adjusted net income and adjusted free cash flow, while deleveraging Berrys balance sheet
EVANSVILLE, Ind. & MONTVALE, N.J.--(BUSINESS WIRE)-- Berry Plastics Group, Inc. (Berry) (NYSE: BERY) and AEP Industries Inc. (AEP) (NASDAQ: AEPI) have entered into a definitive merger agreement under which Berry will acquire all of the... More
