Veritiv Corporation to be Acquired by CD&R
Shareholders to Receive $170 Per Share in CashTransaction Expected to Close in the Fourth Quarter of 2023Veritiv Board of Directors Approves Quarterly Dividend of $0.63 Per Share ATLANTA, Aug. 7, 2023 /PRNewswire/ -- Veritiv Corporation (NYSE:VRTV), a leading distributor of packaging, facility solutions and print products, announced today that it has entered into a definitive agreement to be acquired by an affiliate of Clayton, Dubilier & Rice, LLC (CD&R). Under the terms of the agreement, each share of Veritiv common stock issued and outstanding immediately prior to the closing of the transaction will be entitled to receive $170 per share in cash, representing a nearly 31% premium over Veri
