Sealed Air (SEE) Corporation conducted a special stockholder meeting, where shareholders approved all proposals, including a significant one concerning the company's acquisition by an affiliate of Clayton, Dubilier & Rice (CD&R). The finalization of this transaction remains contingent on standard closing conditions, notably obtaining necessary regulatory approvals. Sealed Air will detail the outcomes of this special meeting in a Form 8-K, which will be filed with the U.S. Securities and Exchange Commission.

Sealed Air Corporation is a prominent player in the Consumer Cyclical sector, specifically within the Packaging & Containers industry. The company is organized into two main reporting segments: Food, which includes food packaging products like Cryovac, Darfresh, and OptiDure, primarily aimed at meats, and Protective, which encompasses products such as Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems catering to industrial and e-commerce applications. With a market capitalization of approximately $6.18 billion, Sealed Air is a significant entity in its industry.