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Published on 3/14/2008 in the Prospect News Special Situations Daily.

ValueAct buys more than 250,000 shares of BWAY Holding

By Lisa Kerner

Charlotte, N.C., March 14 - ValueAct SmallCap Master Fund, LP purchased 250,800 shares of BWAY Holding Co. stock between Feb. 13 and March 12 priced from $9.75 to $10.04, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own 1,528,446 shares, or 7.0%, of the company's outstanding stock.

Atlanta-based BWAY Holding manufactures and distributes metal and rigid plastic containers used primarily by manufacturers of industrial and consumer products for packaging.


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