27.01.2015 18:34:00
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Rock-Tenn Company -- Moody's says combination of Rock-Tenn and MeadWestvaco is credit positive
Toronto, January 27, 2015 -- Toronto, January 27, 2015 -- Moody's says the combination agreement of Rock-Tenn Company (Rock-Tenn, Baa3 stable) and MeadWestvaco Corporation (MWV, Baa3 stable) to create a leading paper packaging company by mid-2015 is credit positive because the combined company will become larger and more diversified than either existing company, with only a modest increase in leverage.