UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

~~WASHINGTON~~Washington, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to ~~Sections~~Section 13 orOR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~December~~ January 1918, ~~2007~~ 2008

GRAPHIC PACKAGING CORPORATION

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation) 1-13182 (Commission File Number) 58-2205241 (I.R.S. Employer Identification No.)


Delaware	1-13182	58-2205241
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

814 Livingston Court Marietta, Georgia 30067 (Address of principal executive offices) (Zip Code)


814 Livingston Court, Marietta, Georgia		30067
(Address of principal executive offices)		(Zip Code)

~~(770) 644-3000 (~~Registrant’s telephone number, including area code (770) 644-3000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

ox Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7 8.01. ~~Regulation~~Other ~~FD Disclosure~~Events.

~~As previously disclosed in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 (the “Form 10-Q”),~~ Graphic Packaging Corporation (the “Company”) ~~sold~~and ~~its~~the ~~Swedish operations~~owners onof ~~October 16~~Altivity Packaging, ~~2007.~~LLC (“Altivity”), ~~The~~at ~~assets subject to this transaction met~~ the ~~criteria~~request ~~for reporting~~of ~~as discontinued operations and were reported as such in~~ the ~~Form 10-Q~~U.S. ~~Under~~Department ~~generally accepted~~of ~~accounting principles~~Justice, ~~the~~have ~~Company~~voluntarily ~~is now required to reclassify previously reported prior~~agreed ~~period financial statements~~ to ~~reflect~~extend the ~~discontinued~~waiting ~~operations~~period onimposed aby ~~basis comparable to~~ the ~~presentation~~ ~~in the Form 10~~Hart-Q.Scott-Rodino ~~Accordingly,~~Antitrust ~~the~~Improvements ~~Company~~Act ~~updated~~of ~~the financial statements included~~1976, inas ~~its~~amended, ~~Annual~~relating ~~Report on Form 10-K~~ to ~~reflect~~ the ~~discontinued~~proposed combination ~~operations~~of in the ~~Current~~Company ~~Report~~with onAltivity from ~~Form~~January 22, ~~8-K~~2008 ~~filed~~to ~~November~~February 271, ~~2007~~2008.

WeAdditional ~~are~~Information ~~hereby providing additional financial information for the quarters ended March 31, 2007~~ and ~~June 30,~~Where 2007 that has been revised in advance of the Company’s Annual Report on Form 10-K for the year ended December 31, 2007. The summarized quarterly financial information included in this Current Report on Form 8-K is presented in connection with the transaction described above and does not constitute a restatement of previously issued financial information. The information contained in this Current Report on Form 8-K is presented as of the quarterly periods indicated above and such information has not been updated to ~~reflect~~Find ~~financial results subsequent to such dates. These~~It revisions do not cause a change to the Company’s previously reported consolidated financial condition or cash flows. This filing should be read together with the Company’s other filings with the Securities and Exchange Commission subsequent to the filing of the Annual Report on Form 10-K for the year ended December 31, 2006.

~~Item~~ In 9connection with the proposed transaction, New Giant Corporation, a newly-formed holding company, has filed with the SEC a Registration Statement on Form S-4, as amended (File No.01 333-145849) that includes a proxy statement of the Company that also constitutes a prospectus of New Giant Corporation. ~~Financial~~The ~~Statements~~Company ~~and~~mailed ~~Exhibits~~the final proxy statement/prospectus to its stockholders on or about December 13, 2007.

Exhibit Number				Description
	99.1			Updated Summary of Quarterly Financial Information for the quarters ended March 31, 2007 and June 30, 2007.

BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION BECAUSE IT CONTAINS IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.

2 You may obtain a free copy of the proxy statement/prospectus and other related documents filed with the SEC by the Company and New Giant Corporation at the SEC’s web site at www.sec.gov. The proxy statement/prospectus and the other documents may also be obtained for free by accessing the Company’s web site at http://www.graphicpkg.com.

~~SIGNATURE~~SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~Company~~registrant has duly caused this report to be signed on its behalf by the undersigned ~~thereunto~~hereunto duly authorized.

	GRAPHIC PACKAGING CORPORATION
	GRAPHIC PACKAGING CORPORATION (Registrant)
	(Registrant)
Date: January 18, 2008	By:	/s/ Stephen A. Hellrung
Date: December 19, 2007	By:	/s/ DANIEL J. BLOUNT
	Name:	Stephen A. Hellrung
		Daniel J. Blount
	Title:	Senior Vice President, General Counsel and Secretary
		Senior Vice President and Chief Financial Officer

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