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Packaging Corp of America said it will buy the containerboard business of Greif for $1.8 billion, adding two mills with about 800,000 tons of capacity. The deal is expected to close by the end of the third quarter.
Packaging Corp. of America agreed to buy substantially all assets of Columbus Container, Inc. for a cash price of $100 million. The deal includes a corrugated plant in Columbus, Indiana and five warehousing facilities in Indiana and Illinois.
