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Stock impact report

Sealed Air completes $6.3B deal to be taken private, shares delisted [Seeking Alpha]

Sealed Air Corporation (SEE) 
Last sealed air corporation earnings: 2/11 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.sealedair.com
Company Research Source: Seeking Alpha
its status as a publicly traded company and halting trading of its shares on the New York Stock Exchange. The transaction closed on Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights Each Sealed Air share converted to $42.15 in cash as the company becomes wholly owned by a CD&R affiliate, with a total cash payout of about $6.3 billion funded by debt and equity financing. Shareholders receive cash for each share, trading in SEE shares halts, and the stock is delisted and deregistered from the NYSE. Its board of directors resigned, the management team remains, equity-based compensation converts to cash awards, and the company restructures its capital with repaid borrowings, all under private ownership. Recommended For You More Trending News Show less Read more
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