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Verso Paper (VRS +72.6%) says it’s held discussions about a potential business combination...
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Tuesday, July 3, 2012, 10:19 AM ETVerso Paper (VRS +72.6%) says it’s held discussions about a potential business combination involving NewPage Corp. in a proposed transaction valued at more than $1.43B. Bankrupt NewPage says its 2011 net sales totaled $3.5B; it owns paper mills in six states with combined production capacity of ~3.5M tons/year.
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