Sealed Air Corporation has entered into a definitive agreement to acquire leading I&I firm Diversey in a transaction valued at $4.3 billion. The deal is expected to be completed in 2011. Under the terms of the agreement, Diversey shareholders will receive $2.1 billion in cash and an aggregate of 31.7 million shares of Sealed Air common stock valued at $25.68 per share based on Sealed Air’s closing stock price on May 31, 2011 for a total equity consideration of $2.9 billion. Divers...