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The combined entity would make nearly a third of the world's beer.
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The combined entity will work across risk, retirement and health businesses.
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In September, the companies will release results for the combined entity, Condon said.
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The combined entity will be led by GPM's current management team.
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Consequently, the key credit metrics of the combined entity have improved.
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The combined entity will become the fifth-largest Indian software services provider by revenue.
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Independent Bank's David Brooks was slated to run the combined entity.
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The combined entity will be called Essendant and headed by Phillips.
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The combined entity has operations in Chile, Colombia, Peru and Panama.
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Sorin's sales account for over 60 percent of the combined entity's total sales.
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The combined entity would be in a particularly strong position to immediately make acquisitions.
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The value of the new combined entity was not known.
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The combined entity would undoubtedly have power to raise its prices for these plans.
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Office Depot and OfficeMax will have equal representation on the combined entity's board, however.
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The combined entity is likely to be greater than the sum of its parts.
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The companies have not decided on the combined entity's name, headquarters or chief executive.