{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-153436","form_type":"8-K","ticker":"PKG","cik":"0000075677","company_name":"PACKAGING CORP OF AMERICA","filed_at":"2025-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.292412+00:00","generated_at":"2026-05-18T11:24:26.916843+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"PCA to acquire Greif containerboard business for $1.8B cash; expected to close by Q3","bullets":["Deal value $1.8B cash (8.5x LTM EBITDA of $212M; 6.6x including $60M synergies).","Assets: two mills with ~800K tons capacity, eight plants, $1.2B LTM sales.","Synergies estimated at $60M pre-tax, fully realized within 2 years; half in first year.","Financing: $1.5B new debt plus cash; pro forma net debt/EBITDA ~1.7x; immediately accretive.","PCA is third-largest containerboard producer; deal furthers profitable growth strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-153436","json":"https://secwatch.observer/filing/0001193125-25-153436.json","markdown":"https://secwatch.observer/filing/0001193125-25-153436.md","text":"https://secwatch.observer/filing/0001193125-25-153436.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/75677/000119312525153436/0001193125-25-153436-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/75677/000119312525153436/d864746d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T11:24:26.916843+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}