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VRS News and Press, Verso Corporation From 01/22/20

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Company Name: Verso Corporation
Stock Symbol: VRS
Market: NYSE
Website: versoco.com

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VRS - Atlas And Blue Wolf Correct Verso's Misleading Comments Regarding Settlement Discussions

GREENWICH, Conn. and NEW YORK , Jan. 22, 2020 /PRNewswire/ -- Lapetus Capital II LLC (together with its affiliates, "Atlas"), along with other participants in its solicitation, including BW Coated LLC (together with its affiliates, "Blue Wolf"), the beneficial owner of approximatel...

VRS - Verso: Atlas Holdings And Blue Wolf Demand You Abstain From Voting

I previously wrote about how the sale of Androscoggin and Stevens Point mills to Pixelle was a mixed bag of emotions for me. While I believe the price and capital return was amazing, the two mills are a large part of diversifying Verso (VRS) away from a declining industry. This meant diversi...

VRS - Verso Urges Stockholders to Use the WHITE Proxy Card to Vote "FOR" the Pixelle Transaction and Vote "FOR" ALL Verso's Director Nominees

MIAMISBURG, Ohio , Jan. 21, 2020 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso" or the "Company") today urged stockholders, in order to ensure that net cash proceeds of up to $282 million and not less than $225 million will be returned to stockholders from its pending sal...

VRS - ISS Recommends Stockholders Vote For The Election Of Atlas And Blue Wolf Nominees To Verso's Board And Delaware Court Orders Verso To Produce Additional Information

GREENWICH, Conn. and NEW YORK , Jan. 21, 2020 /PRNewswire/ -- Lapetus Capital II LLC (together with its affiliates, "Atlas"), along with other participants in its solicitation, including BW Coated LLC (together with its affiliates, "Blue Wolf"), the beneficial owner of approximately 9.4...

VRS - Verso Receives All Necessary Regulatory Approvals to Complete the Pixelle Transaction

MIAMISBURG, Ohio , Jan. 20, 2020 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso" or the "Company") today announced that, in connection with the pending sale of its Androscoggin and Stevens Point mills to Pixelle Specialty Solutions LLC (the "Pixelle Transaction"), it has re...

VRS - Verso updates on capital return plan

Verso (NYSE: VRS ) says it plans to return proceeds to shareholders of $225M to $282M after the closing of the sale of its Androscoggin and Stevens Point mills to Pixelle Specialty Solutions. More news on: Verso Corporation, Consumer stocks news, Read more ...

VRS - Verso Announces Capital Return Targets

MIAMISBURG, Ohio , Jan. 16, 2020 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso" or the "Company") today announced that promptly following the consummation of the proposed sale of Verso's Androscoggin and Stevens Point mills to Pixelle Specialty Solutions (the "Pixelle Transac...

VRS - Verso Issues Statement in Response to Atlas and Blue Wolf Litigation

MIAMISBURG, Ohio , Jan. 14, 2020 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso" or the "Company") today issued the following statement in response to litigation from Lapetus Capital II LLC ("Lapetus", and together with its affiliates, "Atlas") and BW Coated LLC ("BW Coated" a...

VRS - Atlas Holdings Lawsuit Against Verso Prevents Further Delay In Election Of Directors And Results In Added Disclosure

GREENWICH, Conn. and NEW YORK , Jan. 13, 2020 /PRNewswire/ --   Lapetus Capital II LLC (together with its affiliates, "Atlas"), along with other participants in its solicitation, including BW Coated LLC (together with its affiliates, "Blue Wolf"), own approximately 9.43% of the out...

VRS - Verso plays defense

Verso's (NYSE: VRS ) sends a letter to shareholders recommending the sale of the company's Androscoggin and Stevens Point mills to Pixelle Specialty Solutions. More news on: Verso Corporation, Consumer stocks news, Read more ...

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