Summary
JAY - International Paper will sell its two Maine mills.
The buyer: An investment group that kept quiet about the sale on Monday, leaving outsiders to alternately describe the new owners as a stable company and a "vulture capital player."See the full content of this document
Extract
Buyer Mum On Plans for State Facilities
What that means for the future, Apollo Management isn't saying.
In a deal expected to close midsummer, IP will sell coated paper mills in Jay and Bucksport, and one more each in Michigan and Minnesota, ...See the full content of this document
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