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Seda Specialty Packaging Corp

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June 18, 1997 | DEBORA VRANA, TIMES STAFF WRITER
SEDA Specialty Packaging Corp., a Compton maker of plastics and glass containers, has agreed to be acquired by a Canadian firm for $255 million in cash. CCL Industries Inc. of Toronto said Tuesday that it will buy publicly traded SEDA, which has 450 employees, for $29 a share, a 32% premium over Monday's closing stock price of $22 a share.
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