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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (595)	1/18/2005 12:26:53 PM
From: richardred	Read Replies (2) \| Respond to of 7256

There's two companies that I can think of that fit like a glove. RockTenn/RTK - Caraustar/CSAR. Both have been under performers, but fit the right market cap and have a overlapping customer base with MVW. Eliminating a competitor and improving margins would be my main reasoning for these picks. Both have room for improvement, if nothing develops. However continued high energy cost and leveraged balance sheets are downfalls that increase the risk factor.

To: richardred who wrote (595)	1/31/2005 8:49:54 AM
From: richardred	Read Replies (1) \| Respond to of 7256

A falling knife now, but looking for a bottom in RKT! SHIP-MWV-"We delivered strong operating results in the fourth quarter as we continued to execute on our productivity initiatives, generating excellent cash flow that we used to retire approximately $500 million in debt," said John A. Luke, Jr., chairman and chief executive officer. "We are particularly pleased with the performances of our largest continuing businesses, Packaging and Consumer and Office Products. "Clearly, the pending sale of our papers business which we expect to close in the second quarter will be a transformational event for MeadWestvaco," Mr. Luke continued. "It will make our company a more focused leader in global packaging, able to deliver stronger, more consistent financial returns with a strengthened balance sheet."

To: richardred who wrote (595)	4/26/2005 1:10:35 AM
From: richardred	Respond to of 7256

Packaging Corporation of America Announces Acquisition of Midland Container Corporation Monday April 25, 8:30 am ET LAKE FOREST, Ill.--(BUSINESS WIRE)--April 25, 2005--Packaging Corporation of America (NYSE:PKG - News) announced today the acquisition of Midland Container Corporation, a producer of high quality graphics packaging and displays and corrugated products with annual sales of $35 million. Midland Container's facilities purchased include a full line corrugated plant located in Jackson, Mississippi, a specialty sheet plant located in St. Louis, Missouri, and a graphics packaging and display manufacturing facility in Olive Branch, Mississippi, located in the Memphis, Tennessee metropolitan area. Paul T. Stecko, Chairman and CEO of PCA, said, "The acquisition of Midland Container Corporation expands PCA's presence with the addition of our first plants in Mississippi and Missouri. These new facilities complement our existing facilities and provide new areas of corrugated products growth for our company". Mr. Stecko also said, "Midland Container Corporation began in the box business over fifty years ago, and we look forward to continuing their history of providing excellent service to their customers". PCA is the sixth largest producer of containerboard and corrugated packaging products in the United States with sales of $1.9 billion in 2004. PCA operates four paper mills, and with the acquisition of Midland Container, 69 corrugated product plants in 28 states across the country. biz.yahoo.com