KSmitty wrote:It made quite a splash when announced, but the last I knew the Verso/New Page deal was in trouble as Verso was having trouble raising funds. So, after a long spell of quiet it appears there is some news. http://investor.versopaper.com/released ... eID=817170" onclick="window.open(this.href);return false; More than news, it appears the deal went through and will close this year.I am on the fence whether or not this is good for Rumford. Could spell the end for them. As my friend always says, "When they sell the hydro its lights out." NewPage did just that with their hydro assets in Rumford. Not sure what kind of a position that puts the mill in.
I sincerely hope this brings better fortunes to Verso, Rumford, Jay, Bucksport and the 2 branches in existence for the Verso mills.