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Verso Paper Corp. : Takeover on the card for Verso

01/07/2014 | 01:21am US/Eastern
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Shares in New York-listed coated paper producer Verso Paper more than doubled yesterday after it said it would buy privately held NewPage Holdings for $900m in cash and bonds. The combined company will have annual sales of about $4.5bn and 11 manufacturing facilities located in six US states. NewPage, which emerged from Chapter 11 bankruptcy in December 2012, had said last month it would delay a planned initial public offering.

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Latest news on VERSO PAPER CORP.
3d ago VERSO PAPER : Postpones Special Meeting of Stockholders to August 12, 2014
4d ago VERSO PAPER : Other Events, Financial Statements and Exhibits (form 8-K)
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4d ago VERSO PAPER : Sets Date to Report 2nd Quarter Results and Host Conference Call
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07/21 VERSO PAPER : to Report Second Quarter Results and Host Conference Call on Augus..
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07/17 GASCOGNE : Good month for . . ./bad month for . . .
07/17 VERSO PAPER : Other Events, Financial Statements and Exhibits (form 8-K)
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