Inside these posts: Patrick Moore

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 
Jan. 24 at 9:22 a.m.
33 comments
Filed under: M&A

Chicago losing Smurfit HQ in RockTenn deal

By Mary Ellen Podmolik

Though the company moved its headquarters to 222 N. LaSalle St. in 2009, this iconic structure is still known as the Smurfit-Stone Building. (Tribune/Lane Christiansen)

Smurfit-Stone Container Corp., whose local roots trace back to 1926, will leave Chicago behind as a headquarters now that the company has announced plans to be acquired by RockTenn Co. in a $3.5 billion cash and stock deal.

While specific plans for each of Smurfit-Stone’s Chicago-area plants are unclear, those facilities that remain are likely to receive additional technology investment, RockTenn executives indicated Monday. However, Smurfit-Stone’s dual headquarters concept in downtown Chicago and Creve Coeur, Mo., will end and the combined company will be based in RockTenn’s Norcross, Ga., hometown. Get the full story »

Nov. 1, 2010 at 7:37 a.m.
Comments Off
Filed under: Bankruptcy, Earnings

Smurfit-Stone 3Q earnings down 4.4%

By Dow Jones Newswires

Smurfit-Stone Container Corp.’s third-quarter earnings fell 4.4 percent excluding preferred-dividend impacts as the packaging company reported higher revenue and margins on price hikes, but was hurt by income-tax impacts. Get the full story »