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  • Cellu Tissue (NYSE:CLU): Tissue Take Over +49% 0 comments
    Sep 16, 2010 2:02 PM | about stocks: CLU

    Cellu Tissue (NYSE:CLU), a North American producer of tissue products, today announced that it has entered into a definitive merger agreement with Clearwater Paper Corporation ("Clearwater") pursuant to which Clearwater would acquire all of the outstanding common stock of the Company in an all-cash transaction which values the Company at approximately $502 million, including approximately $255 million of debt.
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    Disclosure: No positions
    Stocks: CLU
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