Subsequent Events	9 Months Ended
Sep. 30, 2013
Subsequent Events	17. Subsequent Events The Company has disclosed the following subsequent event in accordance with ASC 855, “Subsequent Events.” Subsequent events have been evaluated through the filing date of this Form 10-Q. On October 25, 2013 we completed the acquisition of Boise Inc. (“Boise”), a large manufacturer of packaging and paper products with $2.6 billion in net sales for the year ended December 31, 2012, for $12.55 per share. In connection with the acquisition, PCA refinanced approximately $775.0 million of Boise’s indebtedness. The total transaction value, net of cash acquired, was approximately $1.94 billion, including the $775.0 million of Boise indebtedness. PCA incurred approximately $4.2 million in expenses relating to the transaction during the third quarter and will incur significant expenses relating to the transaction during the fourth quarter, including $55.7 million in redemption premiums paid to redeem Boise notes which will be recorded as interest expense. PCA used the proceeds of approximately $2.0 billion of new borrowings, including $1.3 billion in new term loan facilities and $700.0 million in new 4.50% ten year notes, together with cash on hand to finance the acquisition and related expenses and refinance Boise and certain PCA indebtedness. The transaction is expected to increase PCA’s containerboard capacity to approximately 3.7 million tons from its current level of 2.6 million tons, including the announced expansion of the DeRidder, Louisiana mill. PCA’s corrugated products volume will increase by approximately 30%. As a result of the acquisition, PCA’s corrugated products presence will expand in the Pacific Northwest. In addition to the Boise packaging business, PCA also acquired the Boise paper business, a major producer of uncoated freesheet and specialty papers. The results of operations of Boise will be included in PCA’s results for periods on and after October 25, 2013. Due to the limited time between the acquisition date and the date of this filing, the initial accounting for the Boise acquisition is incomplete at this time. As a result, as of the acquisition date, the Company is unable to provide pro forma financial statements, including the amounts recognized for the major classes of assets acquired and liabilities assumed. This information will be included in the Company’s 2013 Annual Report on Form 10-K.

17. Subsequent Events

The Company has disclosed the following subsequent event in accordance with ASC 855, “Subsequent Events.” Subsequent events have been evaluated through the filing date of this Form 10-Q.

On October 25, 2013 we completed the acquisition of Boise Inc. (“Boise”), a large manufacturer of packaging and paper products with $2.6 billion in net sales for the year ended December 31, 2012, for $12.55 per share. In connection with the acquisition, PCA refinanced approximately $775.0 million of Boise’s indebtedness. The total transaction value, net of cash acquired, was approximately $1.94 billion, including the $775.0 million of Boise indebtedness. PCA incurred approximately $4.2 million in expenses relating to the transaction during the third quarter and will incur significant expenses relating to the transaction during the fourth quarter, including $55.7 million in redemption premiums paid to redeem Boise notes which will be recorded as interest expense. PCA used the proceeds of approximately $2.0 billion of new borrowings, including $1.3 billion in new term loan facilities and $700.0 million in new 4.50% ten year notes, together with cash on hand to finance the acquisition and related expenses and refinance Boise and certain PCA indebtedness.

The transaction is expected to increase PCA’s containerboard capacity to approximately 3.7 million tons from its current level of 2.6 million tons, including the announced expansion of the DeRidder, Louisiana mill. PCA’s corrugated products volume will increase by approximately 30%. As a result of the acquisition, PCA’s corrugated products presence will expand in the Pacific Northwest. In addition to the Boise packaging business, PCA also acquired the Boise paper business, a major producer of uncoated freesheet and specialty papers. The results of operations of Boise will be included in PCA’s results for periods on and after October 25, 2013.

Due to the limited time between the acquisition date and the date of this filing, the initial accounting for the Boise acquisition is incomplete at this time. As a result, as of the acquisition date, the Company is unable to provide pro forma financial statements, including the amounts recognized for the major classes of assets acquired and liabilities assumed. This information will be included in the Company’s 2013 Annual Report on Form 10-K.