Consolidated Container Company Surpasses May EBITDA Covenant.Business Editors ATLANTA--(BUSINESS WIRE)--June 20, 2002 Consolidated con·sol·i·date v. con·sol·i·dat·ed, con·sol·i·dat·ing, con·sol·i·dates v.tr. 1. To unite into one system or whole; combine: Container Company LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control today announced that it has surpassed the five-month cumulative EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become target for the period ended May 31, 2002, as required by the amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. credit facility agreement. Consolidated Container Company is a leading U.S. developer, manufacturer, and marketer of blow-molded rigid plastic containers for the beverage, consumer, and industrial markets. The Company was created in 1999 through the merger of Reid Plastic Holdings with the domestic plastic packaging operations of Suiza Foods Corporation, a predecessor entity to Dean Foods Company. |
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