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MeadWestvaco closes sale of Papers business

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Published in issue 18/2005
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MeadWestvaco Corporation has completed the sale of its Papers business and associated assets for US$2.3bn to NewPage Corporation, a new company controlled by Cerberus Capital Management L.P., a New York-based private investment firm. Under the terms of the transaction, NewPage acquired MeadWestvaco’s printing and ...

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