verso corp.
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PublishedFebruary 10, 2020
Verso Corp. completes sale of Androscoggin Mill in Jay
The buyer, Pennsylvania-based Pixelle Specialty Solutions, also purchased a Verso-owned mill in Wisconsin.
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PublishedFebruary 3, 2020
Verso shareholders approve sale of Jay mill
The paper company offloaded two paper mills, one in Maine and another in Wisconsin, to a privately held specialty paper company.
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PublishedJanuary 31, 2020
Verso, investors reach agreement on sale of Jay mill
The paper company and a shareholder group have agreed to move ahead with a $400 million deal to sell the company's mills in Maine and Wisconsin.
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PublishedJanuary 20, 2020
Verso urges shareholders to approve sale of 2 mills, including 1 in Maine
The company has been in a dispute with 2 dissident shareholders, private equity firms Atlas Holdings and Blue Wolf Capital Partners, which oppose the sale of the mills and back their own slate of directors for Verso's board.
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PublishedDecember 30, 2019
Investor takeover could ‘derail’ sale of Jay mill, Verso board claims
Three board members nominated by an investment group could pave the way for a merger with another paper company, the company's board of directors warns shareholders.
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PublishedDecember 11, 2019
Verso proposes new board leadership to fend off investor coup
The corporate maneuvering does not appear to pose a threat to Verso's pending sale of the Androscoggin Mill in Jay.
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PublishedNovember 12, 2019
Jay community, loggers hopeful that paper mill’s sale means success
Town officials, others look forward to more prosperity for the 500 employees and others.