Net sales for RockTenn for the quarter ended June 30, 2015, were $2.54 billion and segment income was $295 million compared to $263 million in the prior year quarter. RockTenn earnings were $1.10 per diluted share, including $13 million of restructuring and other costs. RockTenn adjusted earnings were $1.15 per diluted share. MeadWestvaco net sales were $1.42 billion and segment income was $207 million compared to $193 million in the prior year quarter.
Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it has received notice that the U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act regarding Greif’s pending acquisition of Caraustar Industries, Inc.
As this was the last regulatory approval required to complete the pending acquisition, Greif and Caraustar Industries expect the acquisition to close on February 11, 2019, subject to customary closing conditions.