Verso to Acquire NewPage for $1.4 Billion
Substantially deleveraged Verso better positioned to deliver long-term value for stakeholders in increasingly competitive industry.
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Representatives from both Verso and NewPage will be chosen to comprise a team in charge of leading integration efforts on behalf of the combined company after the closing. The two companies will work together to ensure a smooth transition for their stakeholders, and their focus will be to retain the best talent from Verso and NewPage for the combined company.
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- Companies:
- NewPage Corporation
- People:
- David J. Paterson
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