Verso Completes Acquisition of NewPage
Combined Verso better positioned to deliver long-term value for stakeholders in increasingly competitive industry.
Verso Corporation, a leading North American producer of printing and specialty papers and pulp, has announced the completion of its acquisition of NewPage Holdings Inc. The transaction, valued at approximately $1.4 billion, originally was announced on Jan. 6, 2014. With the completion of the NewPage acquisition, Verso will have approximately $3.5 billion in annual sales and approximately 5,800 employees in eight mills across six states.
- Companies:
- NewPage Corporation
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