New Tool: ProSource
Checkout our packaging and processing solutions finder, ProSource.

Silgan Merger Agreement with Graham Packaging Has Been Terminated

Silgan Holdings Inc., a leading supplier of rigid consumer goods packaging products, announced today that its period to negotiate with Graham Packaging Company Inc. to make adjustments to its merger agreement has expired and the parties did not reach agreement.

Graham Packaging Company Inc. has notified Silgan that its board of directors has withdrawn its recommendation for the Silgan merger agreement and the Silgan merger agreement has been terminated. Accordingly, Silgan is entitled to a termination fee of $39.5 million pursuant to the merger agreement.
Discover Our Content Hub
Access Healthcare Packaging's free educational content library!
Read More
Discover Our Content Hub
How to Honor a Leader
Induction into the Packaging & Processing Hall of Fame is the highest honor in our industry. Submit your leader to be considered for the Class of 2024 now through June 10th. New members will be inducted at PACK EXPO International in Chicago.
Read More
How to Honor a Leader