SILGAN HOLDINGS (SLGN) RUN IS OVER DONE
Silgan Holdings (SLGN) has announced that it will acquire Graham Packaging Company (GRM). The acquisition is accretive. Silgan may have to assume quite a bit of debt in this deal . This makes Silgan a very risky stock to hold. As of this writing the stock is at $43.5. The market seems to be pleased with the strategy of diversification. What stock market considers positive changes like the weather. Today, the fashion is that assuming large debt is a good thing. Sooner or later, we will enter a cycle when the stock market’s wisdom will be that large debt is