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Verso Paper Corp. (VRS)

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  • Jan. 6, 2014, 9:44 AM
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  • Sep. 5, 2012, 8:38 AM
    Verso Paper (VRS) says it has ended discussions with NewPage Corp. or its creditors about a potential business combination of the makers of coated paper.
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  • Jul. 3, 2012, 10:19 AM
    Verso 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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Company Description
Verso Corp is a producer of printing papers, specialty papers and pulp. Its printing papers are designed for commercial printing, and media and marketing applications. Its specialty papers are used for flexible packaging and technical paper applications.