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Will have approximately 5,800 employees in eight mills across six states
January 9, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Verso Corp. announced the completion of its acquisition of NewPage Holdings. The transaction, valued at approximately $1.4 billion, originally was announced on Jan. 6, 2014. With the completion of the NewPage acquisition, Verso will have approximately $3.5 billion in annual sales and approximately 5,800 employees in eight mills across six states. “The combination of Verso and NewPage creates a stronger, more stable company with an effective strategy to weather industry headwinds and reduce o...
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