Wiping Out Debt, Or Wiping Out . . .

"Restructuring" didn't keep Verso'sBucksport, Maine mill from closing.

North American paper companies that used to rely heavily on the magazine industry have found two ways to survive: 1) make new products, or 2) undergo “financial restructuring” (our Publishing Word of the Day).

Verso Corporation, the country’s largest maker of magazine-quality paper, announced last week that it had