Judge Clears $3.5B Rock-Tenn Bid For Smurfit-Stone
The companies announced the $35-per-share, stock-and-cash cash deal Jan. 23, seven months after Smurfit, a leading container board maker, exited bankruptcy. Various lawsuits challenging the deal soon followed.
Several suits were consolidated in the Delaware Chancery Court, with shareholders alleging Smurfit’s board failed to adequately shop the company before agreeing to an...
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