Inactive Instrument

Billerud Americas Corporation

VRS

US92531L2079

Verso Expands Strategic Alternatives, Potential Sale Or Merger Also On The List Now

January 16, 2018 at 05:00 am

Verso Corporation (NYSE:VRS) recently announced that the Strategic Alternatives Committee formed by its Board of Directors in September 2017 has now expanded its evaluation of potential transaction alternatives to include other alternatives, including but not limited to, a potential sale or merger of the entire company. Houlihan Lokey Capital has been assisting the company on the process.

Latest news about Billerud Americas Corporation

Verso Corporation(NYSE:VRS) dropped from S&P Global BMI Index	04/04/22	CI
Verso Corporation(NYSE:VRS) dropped from S&P TMI Index	04/04/22	CI
BillerudKorsnäs Inc. completed the acquisition of Verso Corporation from Hoak Public Equities, L.P., managed by Hoak & Co., Hoak Fund Management, L.P., The Hoak Foundation and others.	30/03/22	CI
BillerudKorsnäs Wins All Regulatory Clearances For $825 Million Verso Deal	30/03/22	MT
Verso Secures Regulatory Approvals to Close Merger With BillerudKorsnas	29/03/22	MT
Verso Shareholders Approve Sale to BillerudKorsnas	11/03/22	MT
Tranche Update on Billerud Americas Corporation's Equity Buyback Plan announced on February 27, 2020.	28/02/22	CI
Verso Swings to Profit in Q4 as Sales Grow	28/02/22	MT
Billerud Americas Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	28/02/22	CI
Earnings Flash (VRS) VERSO CORPORATION Reports Q4 Revenue $328M, vs. Street Est of $298.4M	28/02/22	MT
BWS Financial Downgrades Verso to Neutral From Strong Buy, Maintains Price Target at $35	28/12/21	MT
Wall Street Sees Lower Open as Omicron Fears Fuel Selloff	20/12/21	MT
Top Premarket Gainers	20/12/21	MT
Verso to Be Acquired by Swedish Pulp Maker BillerudKorsnas for About $825 Million	20/12/21	MT
BillerudKorsnäs Inc. entered into a definitive merger agreement to acquire Verso Corporation from Hoak Public Equities, L.P., managed by Hoak & Co., Hoak Fund Management, L.P., The Hoak Foundation and others for approximately $800 million.	18/12/21	CI
B. Riley Raises Verso's PT to $23.50 from $20 After Higher-than-Consensus Q3 Results, Says ; Price/Demand Favorable Near Term; Keeps Neutral Rating	08/11/21	MT
Transcript : Verso Corporation, Q3 2021 Earnings Call, Nov 05, 2021	05/11/21
Verso Swings to Q3 Profit as Sales Improve; Company Keeps Quarterly Dividend Unchanged	05/11/21	MT
Tranche Update on Verso Corporation's Equity Buyback Plan announced on February 27, 2020.	05/11/21	CI
Earnings Flash (VRS) VERSO CORPORATION Reports Q3 Revenue $339M	05/11/21	MT
Verso Corporation Declares Quarterly Cash Dividend for the Quarter Ending December 31, 2021, Payable on December 29, 2021	05/11/21	CI
Verso : Atlas Agree to Jointly Explore Possibility of Acquisition Deal 'Meaningfully' Above Current $20/Share Offer	21/09/21	MT
VERSO : B. Riley Downgrades Verso to Neutral from Buy on Valuation, Raises PT to $20 from $18 Based on Priced Offered in Unsolicited Proposal	09/08/21	MT
Transcript : Verso Corporation, Q2 2021 Earnings Call, Aug 06, 2021	06/08/21
Verso : Swings to Q2 Profit as Sales Improve	06/08/21	MT

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Company Profile

Verso Corporation is a producer of coated paper, which is used primarily in printing applications to produce advertising brochures, catalogs, and magazines. The Company operates in North America. It produces graphic paper, specialty paper, packaging paper and Northern Bleached Hardwood Kraft (NBHK) pulp. The NBHK pulp is used to manufacture printing and writing paper grades and tissue products. The graphic paper market includes coated freesheet, uncoated freesheet, coated groundwood and supercalendered paper. The Company also offers solutions for its customers by producing paper grades used as labels for packaging, canned goods, and other related applications. It also produces heavy weight coated freesheet grades for use in packaging and printing applications such as greeting cards, book covers, folders, labels, and point-of-purchase displays. The Company serves customers through paper merchants, commercial printers, brokers, magazine, and catalog publishers.

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Paper Products

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