While the question of how the Roanoke Rapids KapStone paper mill will fit into the proposed acquisition of the entire Illinois-based company by Georgia-based WestRock is not clear, documents filed with the United States Securities and Exchange Commission do shed some light on how the two companies view the merger.
WestRock Company and KapStone Paper and Packaging Corporation today announced the signing of a definitive agreement in which WestRock will acquire all of the outstanding shares of KapStone for $35 per share and will assume approximately $1.36 billion in net debt for a total enterprise value of approximately $4.9 billion.
