Industry News, Mergers and Acquisitions, Printers News

Verso to Acquire NewPage

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By: Bridget Klebaur

Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction

Verso Paper Corp., a leading North American producer of coated papers, and NewPage Holdings Inc., a leading producer of printing and specialty papers, announced that they have entered into a definitive agreement under which Verso will acquire NewPage in a transaction valued at $1.4 billion.  Upon closing of the transaction, the combined company will have sales of approximately $4.5 billion and 11 manufacturing facilities located in six states.  The transaction, which has been unanimously approv...

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