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Once approved, the new company will have projected annual revenue in the range of $9 billion to $10 billion
January 28, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
International Paper announced that distribution solutions businesses xpedx and Unisource Worldwide, Inc. will merge under the terms of a definitive agreement that will result in the creation of a new publicly traded company. The agreements providing for the combination of the two businesses were signed by International Paper, parent company of xpedx, and by UWW Holdings LLC, the holding company that owns Unisource and is owned by an affiliate of Bain Capital and by Georgia-Pacific, as well as ce...
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