Verso Paper acquires New Page

Synergies of $175m expected, no mill closures announced so far

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After its takeover offer was originally rejected in 2012, Memphis-based Verso Paper Corp. is now acquiring New Page Holdings Inc. for $1.4bn, the companies announced in a joint press release in early January. This deal will create a leading supplier of coated woodfree and mechanical papers in North America with sales ...

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