Maine mill buyer skeptical of firms that want to reopen it
By PATRICK WHITTLE - AP - Tue Jan 20, 4:04PM CST
PORTLAND, Maine (AP) — The head of a firm that intends to buy a shuttered Bucksport paper mill says he will remain skeptical of three companies interested in purchasing and reopening the facility until they submit offers.
VRS: 2.23 (unch)
NYSE stocks posting largest volume increases
AP - Fri Jan 16, 5:20PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
VRS: 2.23 (unch), FDO: 77.86 (+0.31), PCP: 205.54 (+1.37), AGM: 32.35 (+0.42)
How it All Plays Out: Special Research on Verso, Vulcan Materials, Grace, Wausau and West Pharma
PR Newswire - Thu Jan 15, 7:30AM CST
Moments ago, Analysts Review released new research updates concerning several important developing situations including Verso (NYSE: VRS), Vulcan Materials (NYSE: VMC), Grace (NYSE: GRA), Wausau (NYSE: WPP), and West Pharma (NYSE: WST). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
WST: 51.35 (+0.57), GRA: 101.61 (+1.69), VMC: 79.87 (+0.46), VRS: 2.23 (unch), WPP: 9.80 (+0.10)
Judge to rule on union's lawsuit against Maine mill sale
AP - Tue Jan 13, 5:23PM CST
BANGOR, Maine (AP) — A federal judge will rule next week on a union's antitrust lawsuit that seeks to block the sale of a Maine paper mill to a Canadian metal recycler.
VRS: 2.23 (unch)
Verso acquires larger rival NewPage, affecting 2 Maine mills
Portland Press Herald - Thu Jan 08, 5:12PM CST
JAY, Maine (AP) — Tennessee-based Verso Paper Corp. has announced the completion of its acquisition of its larger rival NewPage Holdings in a $1.4 billion deal.
VRS: 2.23 (unch)
Verso concludes acquisition of NewPage for USD1.4bn
M2 - Thu Jan 08, 3:29AM CST
Paper company Verso (NYSE:VRS) disclosed on Wednesday the completion of its acquisition of NewPage Holdings for approximately USD1.4bn.
VRS: 2.23 (unch)
Verso Completes Acquisition of NewPage
Marketwired - Wed Jan 07, 10:37AM CST
Verso Corporation (NYSE: VRS), a leading North American producer of printing and specialty papers and pulp, today announced the completion of its acquisition of NewPage Holdings Inc. The transaction, valued at approximately $1.4 billion, originally was announced on January 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.
VRS: 2.23 (unch)
Final mothballing underway at Bucksport mill
By PATRICK WHITTLE - AP - Fri Jan 02, 12:30PM CST
PORTLAND, Maine (AP) — A handful of employees at the shuttered Bucksport paper mill will likely remain as caretakers until a metal recycling company takes over the property, the owners said.
VRS: 2.23 (unch)
Rewards Outweigh Risks: Research Reports on Walgreens, Tekmira, RedHill, Verso, and Pacific Ethanol
PR Newswire - Fri Jan 02, 6:40AM CST
Moments ago, Analysts Review released new research updates concerning several important developing situations including Walgreens (NASDAQ: WBA), Tekmira (NASDAQ: TKMR), RedHill (NASDAQ: RDHL), Verso (NYSE: VRS), and Pacific Ethanol (NASDAQ: PEIX). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
WBA: 78.73 (-1.23), RDHL: 12.69 (+0.04), VRS: 2.23 (unch), TKMR: 21.45 (-0.22), PEIX: 9.82 (+0.15)
Verso Paper reaches settlement over NewPage merger
Seeking Alpha - at Seeking Alpha - Wed Dec 31, 12:21PM CST
VRS: 2.23 (unch)
Catalyst announces milestone in acquisition of paper mills in Maine and Wisconsin
PR Newswire - Wed Dec 31, 12:02PM CST
Catalyst Paper Corporation (TSX: CYT) ("Catalyst"
VRS: 2.23 (unch), CYT.TO: 6.39 (-0.11)
Verso Settles With U.S. Department of Justice Regarding Pending Acquisition of NewPage
Marketwired - Wed Dec 31, 9:50AM CST
Verso Paper Corp. (NYSE: VRS), a leading North American producer of printing and specialty papers and pulp, today announced that it has reached a settlement with the United States Department of Justice that will permit Verso to proceed with its acquisition of NewPage Holdings Inc. The transaction, valued at approximately $1.4 billion, originally was announced on January 6, 2014. Upon 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.
VRS: 2.23 (unch)
IAM, Millworkers File Injunction Against Verso
Business Wire - Tue Dec 16, 1:52PM CST
The International Association of Machinists and Aerospace Workers (IAM), District 4 (DL 4) filed an injunction in the US District Court of Maine against Verso Paper Corp., as part of the growing effort to force the company to honor severance commitments to hundreds of employees who will lose their jobs when Verso shutters the Bucksport mill.
VRS: 2.23 (unch)
LePage seeks to prevent dismantling of Maine mill
By ALANNA DURKIN - AP - Wed Dec 10, 12:53PM CST
AUGUSTA, Maine (AP) — Gov. Paul LePage's administration said Wednesday that he's concerned about the proposed sale of a Maine paper mill to a Canadian scrap metal recycler and is weighing state actions to ensure the mill remains intact.
VRS: 2.23 (unch)
Paper mill to be sold for scrap to metal recycler
AP - Tue Dec 09, 1:19PM CST
BUCKSPORT, Maine (AP) — The 80-year-old Verso Paper Corp. mill closing this month is being sold for scrap to a Canadian metal recycler for $60 million.
VRS: 2.23 (unch)
Bucksport mill to shut down this week
AP - Mon Dec 01, 4:50PM CST
BUCKSPORT, Maine (AP) — The paper mill in Bucksport was scheduled to begin shutting down Monday after more than 80 years as a major employer in the town of about 5,000 residents.
VRS: 2.23 (unch)
Decline of Maine's paper mills hurts middle class
By PATRICK WHITTLE - AP - Thu Nov 27, 8:29AM CST
BUCKSPORT, Maine (AP) — The road to the middle class in Maine might not be paved with paper any longer.
VRS: 2.23 (unch)
Bucksport mill closure pushed back to end of year
By PATRICK WHITTLE - AP - Wed Nov 26, 12:32PM CST
PORTLAND, Maine (AP) — The closing of Bucksport paper mill will be delayed until the end of December, when more than 500 people are expected to lose their jobs.
VRS: 2.23 (unch)