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The Company is a global company with positions in the packaging, consumer and office products, specialty chemicals and specialty papers markets.
Following activist investor Starboard Value into MeadWestVaco."Starboard is making several recommendations to MeadWestvaco that include: continuing with cost-cutting efforts, exploring the sale or spinoff of its non-core businesses such as the specialty chemicals business and looking at options to get more value out of its real estate assets. The activist shareholder also suggested that MeadWestvaco repurchase about $500 million of its stock in order to create more shareholder value."
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