Verso Paper Corp has cleared a major hurdle in its efforts to acquire New Page Holdings: the company reached a settlement with US anti-trust authorities allowing the deal to take place provided that New Page’s mills in Rumford and Biron are sold to Canada‘s Catalyst Paper or some other independent paper company. ...
Verso reaches a deal with authorities to clear the way for New Page acquisition
Sale of New Page mills in Biron and Rumford to Catalyst is a prerequisite
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