Verso Paper Lands NewPage in $1.4 Billion Deal

George Martin, president and CEO of NewPage, commented, "We believe this agreement with Verso represents the best way forward for our stakeholders. A combined Verso and NewPage will be able to achieve greater efficiencies, which will enable it to serve clients with a high level of product quality and innovation. Together we will have increased manufacturing efficiency, greater flexibility and an even more solid and capable platform."