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.
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