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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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. ...

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