Westrock stock rises on proposed merger with Smurfit

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Westrock (WRK) shares are on the rise after the company said it is in talks with Smurfit Kappa Group (SKG.L) to merge in a deal valued at $20 billion. Yahoo Finance Live's Brad Smith and Julie Hyman break down the report and the potential benefits of the merger.

Checkout the most seriously awkward camping moments captured on cameraOn Tuesday, Newfoundland and Labrador Premier Andrew Furey became the latest provincial leader to join the growing political chorus against another interest rate hike.

C -- The Bank of Canada held interest rates steady and kept the door open to further hikes, with economists seeing its historic tightening cycle at its likely endpoint.

 

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WestRock, Smurfit in Merger Talks for $20 Billion Paper FirmPaper and packaging giants WestRock Co. and Smurfit Kappa Group Plc are in talks to merge, potentially creating an industry giant with a market value of about $20 billion.
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Smurfit Is Set to Join Exodus of Big Names From UK Stock MarketA $20 billion merger in the packaging industry spells one thing for the UK stock market: the prospect of losing yet another of its top companies.
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Stock market today: Wall Street is off to downbeat start following two weeks of gainsNEW YORK (AP) — Stocks are off to a weak start on Wall Street as traders return from a long holiday weekend. The S&P 500 was off 0.3% in the early going Tuesday. The index is coming off its second weekly gain. The Dow slipped 63 points, or 0.
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