The merged company will be called Smurfit-Stone Container Corp. and will have annual sales exceeding $8 billion, based on 1997 results. Corporate headquarters will be in Chicago.
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Jefferson Smurfit Corp. (Dublin, Ireland) and Stone Container Corp. (Chicago, IL) have signed a definitive merger agreement to create one of the world's largest manufacturers of paperboard and paper-based packaging products.
The merged company will be called Smurfit-Stone Container Corp. and will have annual sales exceeding $8 billion, based on 1997 results. Corporate headquarters will be in Chicago.