Meadwestvaco completed its merger with Rock Tenn to form WestRock on 7/1/2015 for WestRock stock.
For more information, the SEC filing for this merger can be found through the WestRock web site at:
Choose the S-4/A filing of 5/18/2015.
For Meadwestvaco shareholders, this is a standard merger transaction. The information below is based on the information available from the S-4/A filed with the SEC. Price information is from websites offering historical prices.
If your club held Rock-Tenn prior to the merger, please see FAQ 435: WestRock merger for Rock-Tenn shareholders.
The Merger Entry
Go to Transactions > Merger or Accounting > Securities > Record merger of securities depending on the version of the software being used. If you are unfamiliar with merger transactions you can get help at this URL: https://www.iclub.com/support/kb/default.asp?page=normal_merger
Here is the information you need to complete the merger.
Date: 7/1/2015
Old Security or Merging Company: Meadwestvaco (MWV)
Price per share of old Security / MWV - Use last valuation date price
Cash received: See your broker statement for cash-in-lieu
New Security: WestRock (WRK)
Shares received : .78 x (#of MWV)
(Remember to include fractional shares.)
For example, if you owned 100 MWV shares, you should receive .78 x 100 = 78 shares.
Price per Share of New Company : 60.74 (opening price on 7/1/2015)
Save the transaction and the merger has been entered.
