LEWISTON, Maine (AP) A paper mill company announced it has the necessary regulatory approvals to move forward with plans to sell its Maine mill as part of a $400 million deal.
The Bangor Daily News reports Ohio-based Verso Corp. will receive its final approval on Jan. 31, when shareholders meet in New York to vote on the sale at the company’s stockholder meeting.
The meeting will likely be contentious as two large stockholders oppose the sale of the company’s Androscoggin Mill in Jay.
2 hours ago in Local
The crash remains under investigation.
3 hours ago in Local
Deputies say a woman had to be extracted from her vehicle with serious injuries
4 hours ago in Local
Maine's congressional delegation reacting after Hamas released all living hostages after two years of violence in Gaza.
4 hours ago in Local
A Brewer woman was hit by birdshot when a member of her hunting party fired their gun in Aroostook County.
11 hours ago in Local
Quincy Hentzel with the Portland Regional Chamber of Commerce says the hotels are continuing to be built for a reason.