David J. Paterson

Elise Hacking Carr is editor-in-chief/content director for Print+Promo magazine.

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...

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 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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