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Verso Paper buying NewPage in $1.4 billion deal

January 6, 2014

NEW YORK (AP) — Coated papers maker Verso Paper is buying NewPage Holdings Inc. in a deal valued at $1.4 billion including debt. Privately held NewPage produces printing and specialty papers....

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Jan-06-14 6:59 PM

@eskymi, Unfortunately there can be no guarantees in the white coated paper side of the business! How amny catalogs do you see today, how small magazines are, textbooks going by wayside for computers in classrooms etc! Only paper industry that seems to save is tissue,tampons etc! Sad state of affairs!

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Jan-06-14 3:52 PM

Will the Union stay?

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Jan-06-14 2:24 PM

Mead, Mead WestVaco, New Page and now Verso Paper. Each time it sells I wait to here how it's going to be closed. I hope this sale will solidify the paper mill and make certain it has a bright future.

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