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Caraustar takes over Crane Carton

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Published in issue 42/2000
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Caraustar Industries Inc., a board producer based in Atlanta/USA, has taken over Crane Carton Company LLC, a folding box producer of Chicago/Illinois. The purchasing price of $24.8m includes $5.8m for Crane’s receivables and $18.9m in ordinary shares issued by Craustar, says a company report. In 1999 Crane Carton ...

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