MeadWestvaco (MWV) Declares $0.25 Quarterly Dividend; 2.2% Yield
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January 26, 2015 6:18 AM EST
MeadWestvaco (NYSE: MWV) reported Q4 EPS of $0.46, $0.01 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.36 billion.
For earnings history and earnings-related data on MeadWestvaco (MWV) click here.
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January 26, 2015 6:14 AM EST
Rock-Tenn Company (RockTenn) (NYSE: RKT) and MeadWestvaco Corporation (MWV) (NYSE: MWV) today announced that they have entered into a definitive combination agreement to create a leading global provider of consumer and corrugated packaging (NewCo) in a transaction with a combined equity value of $16 billion. The combined company, to be named prior to closing, will have combined net sales of $15.7 billion and adjusted EBITDA of $2.9 billion, including the impact of $300 million in estimated annual synergies to be achieved over three years.
Under the terms of the agreement, which has been... More
