Contact Us

Magic Valley Cardboard Maker to be Acquired by Another Company

flickr.com, kosabe

Northbrook, Il ( KMVT-TV / KTWT-TV ) – KapStone Paper has announced that they are in the process of acquiring Longview Fibre. Longview Fibre has a plant in Twin Falls. Both companies are a paper and packaging company. Chairman and Chief Executive Officer of KapStone, Roger W. Stone, said, “Acquiring Longview is an outstanding opportunity for numerous reasons.

The acquisition immediately adds value for our shareholders by increasing earnings and generating very strong free cash flow. The deal is accretive to our bottom-line from Day 1. Our balance sheet, which was strong going into this transaction, remains strong after the acquisition. The combined company is expected to deliver substantial free cash flow in the first year allowing KapStone to quickly delever.”

 

 

More From News Radio 1310 KLIX

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://newsradio1310.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on News Radio 1310 KLIX quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on News Radio 1310 KLIX quickly by logging in with your Facebook account. It's just as secure, and no password to remember!