Industry News, Printers News

Verso Senior Team to Continue to Lead After NewPage Acquisition

Transaction is expected to close in the second half of 2014

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Verso Paper Corp., a North American producer of coated papers, has announced that its existing senior leadership team will continue to lead Verso following the completion of its pending acquisition of NewPage Holdings Inc.   As previously announced on Jan. 6, 2014, Verso and NewPage entered into a definitive agreement for Verso to acquire NewPage in a transaction valued at $1.4 billion. The transaction, which has been unanimously approved by the boards of directors of both companies, is expected...

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