Newpage
02 December 2014
NewPage has agreed to sell two North American mills to Catalyst Paper in Canada in order to improve its financial situation. This is intended to make NewPage's merger wit...
09 November 2014
Verso, the North American paper company that is expected to purchase NewPage soon, has announced the closure of its Bucksport, Maine mill. The mill produced 405,000 tonne...
29 September 2014
Verso Paper, the prospective buyer of NewPage Corp, suffered a $43 million loss in the last three months. The company's sales revenue fell 2.9% compared to last year duri...
25 August 2014
Verso has offered better terms for the third time in its latest attempt to get approval for its proposed merger with NewPage. Verso is threatened with bankruptcy if it is...
24 July 2014
NewPage's attempted merger with Verso hit another snag, with Verso's debt rating being downgraded. Credit agencies believe Vero may default in the next year if the merger...
24 May 2014
Verso's deal to purchase NewPage is progressing, with the announcement that no NewPage board members will be included on the board of the newly merged company. Instead, ...
30 April 2014
Merger between NewPage Corp. and Verso given legislative backing in Wisconsin, but other financial hurdles still remain. Read more
19 March 2014
NewPage Corp. lost $2 million in 2013, owing to lower sales volume of paper and lower paper prices. The possible Verso merger is currently on hold as investors have doub...
11 February 2014
Verso Paper's attempted acquisition of NewPage appears to on hold at the moment, with Verso unable to restructure its debt in order to finance the deal. However, experts...
14 January 2014
Verso Paper to acquire NewPage Corporation for $1.4 billion. The sale is expected to complete in the second half of 2014.Read more