Tag Archives: ACCO

Starboard Gets Its Specialty Chemical Spinoff At MeadWestvaco

By |
0 Comment

Some activist funds like to work behind the scenes and then there are the others which seem to be in the news almost every day. A day after making waves at Yahoo (YHOO), Jeffrey Smith’s Starboard Value fund was back in the news after long time target MeadWestvaco (MWV) announced plans to spin off its specialty chemical business… Read More »

MeadWestvaco Spin Off Exchange Ratio Finalized, Effective May 1

By |
0 Comment

MeadWestvaco(MWV) announced this morning that shareholders as of April 24, will receive .32986547 shares of ACCO Brands(ABD) on May 1, following the spinoff of the company’s Consumer & Office Products Business, and its subsequent merger with ACCO.  Concurrent with the merger, ACCO will change its ticker from ABD to ACCO.  The transaction is a “Reverse Morris Trust”, which… Read More »