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Sealed Air Reports Secondary Offering; SC Johnson Affiliate to Sell 15M Shares

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BMO Capital Downgrades Sealed Air To Market Perform

Sealed Air Corporation ("Sealed Air") (NYSE: SEE) today announced that Commercial Markets Holdco, LLC, an affiliate of S.C. Johnson & Son, Inc., has agreed to sell 15,026,665 shares of its common stock in an underwritten offering.  The Company will not sell any shares in the offering and will not receive any proceeds from the offering.  

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