In January 2015, Verso Corp., a paper products supplier based in Memphis, Tenn., completed the acquisition of NewPage Holdings Inc., a once-leading producer of printing and specialty papers, headquartered in Miamisburg, Ohio. The transaction, valued at approximately $1.4 billion...
David J. Paterson
Elise Hacking Carr is senior production editor for Print & Promo Marketing magazine, and managing editor for PRINTING United Journal.
Verso Corp., Memphis, Tenn., announced that David J. Paterson will retire as the chairman of the board and CEO of Verso Corp. effective Aug. 31. Verso Corp.'s board of directors has begun the search for a new CEO. In the meantime, Verso Corp.'s board of directors will establish...
Verso Corporation, Memphis, Tenn., has received final approval from the U.S. Bankruptcy Court in the District of Delaware for a variety of first-day motions related to its voluntary restructuring under Chapter 11 of the U.S. Bankruptcy Code. These final orders, issued by the court, will allow Verso Corporation to continue...
Verso Paper Corp., a leading North American producer of coated papers, and NewPage Holdings Inc., a leading producer of printing and specialty papers, have entered into a definitive agreement under which Verso will acquire NewPage in a transaction valued at $1.4 billion.
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