Richard Wambold News
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Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.
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Reynolds Group Holding Ltd.’s takeover of Pactiv Corp ., the maker of Hefty bags, was challenged in a lawsuit by a trade union pension plan calling the deal “fundamentally unfair” to Pactiv shareholders.
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Lloyd’s of London underwriters are attempting to convince a U.S. judge that financier R. Allen Stanford conspired to steal money so they can avoid paying attorneys to defend him on criminal fraud charges.
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Pactiv Corp., the maker of Hefty trash bags, agreed to be bought by Rank Group Ltd. in a transaction valued at about $6 billion, helping the New Zealand packaging company expand in takeout-food containers and cutlery.
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Pactiv Corp., the maker of Hefty trash bags, agreed to be bought by Rank Group Ltd. in a transaction valued at about $6 billion, helping the New Zealand packaging company expand in takeout-food containers and cutlery.
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Pactiv Corp., the maker of Hefty trash bags, agreed to be bought by Rank Group Ltd. for about $4.5 billion, helping the New Zealand packaging company expand in takeout-food containers and cutlery.
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Pactiv Corp. , the maker of Hefty trash bags, is in talks to be bought by Apollo Global Management LLC, according to a person with knowledge of the discussions. The shares jumped the most in more than a year.
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Pactiv Corp. rose to the highest level in 2 1/2 years in U.S. trading on a report that Georgia- Pacific Corp. and Rank Group Ltd. joined the bidding for the maker of Hefty trash bags.
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