Unisource Worldwide Signs Letter of Intent with International Paper to Explore the Creation of a Standalone Distribution Business
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The discussions were initiated after Unisource approached International Paper about the potential business combination, and on April 19, 2013, the parties entered into a non-binding letter of intent to explore a possible transaction. Unisource will continue doing business as usual until a proposed deal is closed. If no transaction is completed, Unisource will remain a private company.
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