Listen Live
Download Apps Download on the App Store Get it on Google Play
Follow us on Twitter Follow us on Facebook Follow us on Instagram

Chatty Belle - The World's Largest Talking Cow

Click here for Stock Market Info



Radar by AccuWeather
GET FORECAST

Northern Indoor Comfort Systems

Clark County Humane Society - Lost & Found

Recent News
Verso Paper Buying NewPage Holdings Inc. in $1.4 Billion Deal
Tuesday, January 7th, 2014 -- 8:19 am
Posted by Riley Hebert-News Director


-Coated papers maker Verso Paper is buying NewPage Holdings Inc. in a deal valued at $1.4 billion including debt.

NewPage is headquartered in Ohio and owns paper mills in Kentucky, Maine, Maryland, Michigan, Minnesota and here in Wisconsin, including Wisconsin Rapids, Stevens Point and Biron. The company employs about 1,700 workers in Wisconsin.

Privately held NewPage produces printing and specialty papers. Verso is headquartered in Memphis, Tenn.

Verso President and CEO David Paterson said in a statement on Monday that the buyout will put it in a better position to face increased competition. Paterson will lead the combined company, which will have 11 manufacturing plants in six states. A NewPage director will join Verso's board at closing.

The deal was unanimously approved by both companies' boards. It is targeted to close in the second half of the year.


WRN Headlines
Kind and Kurtz on ISIS crisis
UWSP set to go tobacco-free
Group providing care for rescued osprey chick
Body believed to be that of Russ Delorme
Charges filed in 1984 Portage County homicide


VIEW OUR ARCHIVE



OBITUARIES

Gross Auto Group - Over 300 vehicles at grossauto.com
OVER 300 VEHICLES at grossauto.com

Click here for BIG SAVINGS





Copyright © 2014 CWBRadio.com | Privacy Policy | Terms of Use