Noted: “Basically, what the NewPage shareholders wanted was for Verso to reduce its debt so that some of the benefits of the merger would be felt by the NewPage shareholders,” explained James Seward, a University of Wisconsin-Madison associate professor in the business school?s finance, investment and banking department. Seward, who also is the executive director of the Nicholas Center for Corporate Finance and Investment Banking, was contacted to provide background information for this story but was not directly involved with the deal.
Office of Strategic Communication