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Verso Paper Corp. : Takeover on the card for Verso

01/07/2014 | 02:21am US/Eastern

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.
10/23 THURSDAY SECTOR LEADERS : Auto Dealerships, Paper & Forest Products
10/22 VERSO PAPER : Sets Date to Announce Third Quarter Results and Host Conference Ca..
10/17 VERSO PAPER : to Report Third Quarter Results and Host Conference Call on Novemb..
10/07 VERSO PAPER : Cutler: Maine should buy Verso's Bucksport energy plant if new pap..
10/03 VERSO PAPER : Sens. Collins, King Urge Labor Dept. to Approve Assistance for Buc..
10/02 VERSO PAPER : mill in Bucksport to close by year's end, 570 employees to lose jo..
10/02 VERSO PAPER : Maine Department of Labor Assisting Workers at Verso in Bucksport
10/02 VERSO PAPER : Statement of Governor LePage on Verso Paper
10/01 VERSO PAPER : shuttering paper mill in Maine
10/01 VERSO PAPER : Costs Associated with Exit or Disposal Activities (form 8-K)
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