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$PKG said the transaction is structured as a purchase of assets resulting in a full step-up of the assets to fair market value. The company's containerboard integration level is expected to increase by over 200,000 tons or 6% from its current level of 87% and will allow for further optimization & enhancement of mill capacity.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.