Verso

Verso Paper Holdings LLC engages in the manufacture and sale of coated papers to catalog, magazine, insert, and commercial printing markets in North America It sells its products directly to end-users, as well as through brokers, merchants, and printers. The company is headquartered in Memphis, Tennessee. Verso Paper Holdings LLC is a subsidiary of Verso Paper Finance Holdings LLC.

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Verso's (VRS) merger deal with BillerudKorsnas receives the necessary approvals and is set to close. It will create one of the largest providers of virgin fiber paper and packaging.

Verso (VRS) Set to Close Merger With BillerudKorsnas AB

MIAMISBURG, Ohio , March 29, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso") today announced it has received necessary approvals from the Nuclear Regulatory Commission and the Public Service Commission of Wisconsin to complete its previously announced merger with BillerudKorsnäs AB ("BillerudKorsnäs"). Verso has now received all regulatory approvals necessary to complete the merger.

Verso Receives All Regulatory Approvals Necessary to Proceed with Closing of Merger with BillerudKorsnäs AB

Verso's (VRS) merger deal with BillerudKorsnas will position the newly -formed company as one of the largest providers of virgin fiber paper and packaging.

Verso (VRS) Gets Shareholders' Nod for Merger Agreement

MIAMISBURG, Ohio, March 11, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso") announced that, at a special meeting of stockholders held today, its stockholders voted to approve the previously announced merger with BillerudKorsnäs AB ("BillerudKorsnäs") as well as other related proposals. The merger proposal was supported by approximately 98.5% of votes cast, representing approximately 73% of outstanding shares of Verso's common stock.

Verso Announces Stockholder Approval of Merger Agreement with BillerudKorsnäs

Verso (VRS) delivers a substantial improvement in its fourth-quarter 2021 bottom line aided by favorable price/mix and cost reduction initiatives across the mill system.

Verso (VRS) Q4 Revenues and Earnings Beat Estimates, Up Y/Y

Verso (VRS) delivered earnings and revenue surprises of 8.96% and 9.92%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Verso (VRS) Q4 Earnings and Revenues Surpass Estimates

MIAMISBURG, Ohio, Feb. 28, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today reported financial results for the fourth quarter and full year of 2021. Fourth Quarter 2021 Highlights : Net sales of $328 million, a 4% increase over fourth quarter 2020 and a 3% decrease over third quarter 2021 Net income of $13 million compared to a net loss of $90 million in the fourth quarter of 2020 and net income of $58 million in the third quarter 2021 Adjusted EBITDA of $74 million compared to $9 million in the fourth quarter of 2020 and $67 million in the third quarter of 2021 Overview "Thanks to the efforts of the Verso team, Verso delivered excellent safety results and solid financial performance in the fourth quarter driven by improved sales and operations year-over-year," said Verso President and Chief Executive Officer Randy Nebel.

Verso Corporation Reports Fourth Quarter and Full Year 2021 Financial Results

MIAMISBURG, Ohio, Feb. 21, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today announced that it will release its fourth quarter and full year 2021 financial results before the market opens on February 28, 2022. As announced on December 19, 2021, Verso has entered into a definitive merger agreement under which BillerudKorsnäs AB ("BillerudKorsnäs") has agreed to acquire all of the outstanding shares of Verso for a purchase price of $27.00 per share in cash.

Verso Corporation to Announce Fourth Quarter and Full Year 2021 Financial Results on February 28, 2022

Verso (VRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Verso (VRS) Earnings Expected to Grow: What to Know Ahead of Q4 Release

Verso (VRS) closed the most recent trading day at $26.66, moving -0.19% from the previous trading session.

Verso (VRS) Stock Sinks As Market Gains: What You Should Know

MIAMISBURG, Ohio, Feb. 8, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso") today announced the filing of a definitive proxy statement for a special meeting of stockholders, at which Verso stockholders will consider and vote upon various items related to the proposed and previously announced transaction with BillerudKorsnäs AB ("BillerudKorsnäs"). If approved, all Verso stockholders will receive $27.00 per share in cash upon closing of the transaction, representing immediate and certain value at a significant premium.

Verso Corporation Files Definitive Proxy Statement in Connection with BillerudKorsnäs Merger Agreement

MIAMISBURG, Ohio, Jan. 21, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso") today announced the filing of a preliminary proxy statement for a special meeting of stockholders, at which Verso stockholders will consider and vote upon various items related to the proposed and previously announced transaction with BillerudKorsnäs AB ("BillerudKorsnäs"). If approved, all Verso stockholders will receive $27.00 per share in cash upon closing of the transaction, representing immediate and certain value at a significant premium.

Verso Corporation Files Preliminary Proxy Statement in Connection with BillerudKorsnäs Merger Agreement

In the latest trading session, Verso (VRS) closed at $26.68, marking no change from the previous day.

Verso (VRS) Flat As Market Sinks: What You Should Know

NEW ORLEANS, Jan. 7, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

VERSO INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Verso Corporation - VRS

Verso (VRS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Fast-paced Momentum Stock Verso (VRS) Is Still Trading at a Bargain

In the latest trading session, Verso (VRS) closed at $26.94, marking a +0.07% move from the previous day.

Verso (VRS) Gains As Market Dips: What You Should Know

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RAMP, PLAB, MRVL, and VRS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 31, 2021.

Best Momentum Stocks to Buy for December 31st

Does Verso (VRS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Verso (VRS) is a Great Choice

Here Is Why Bargain Hunters Would Love Fast-paced Mover Verso (VRS)

An acquisition is pushing this paper stock higher.

Why Verso Popped 26.1% Today

NEW YORK, Dec. 20, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Verso Corporation ("Verso" or the "Company") (NYSE: VRS), in connection with the proposed acquisition of the Company by BillerudKorsnäs AB ("BillerudKorsnäs"). Under the terms of the merger agreement, the Company's shareholders will receive $27.00 in cash for each share of Verso common stock that they hold.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Verso Corporation

MILWAUKEE, Dec. 20, 2021 /PRNewswire/ -- Ademi LLP is investigating Verso (NYSE: VRS) for possible breaches of fiduciary duty and other violations of law in its transaction with BillerudKorsnäs.  Click here to learn how to join the action: https://www.ademilaw.com/case/verso-corporation or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Verso Corporation has obtained a Fair Price in its transaction with BillerudKorsnäs

The stock price of Verso Corp (NYSE: VRS) increased by over 30% pre-market today. This is why it happened.

Verso Stock (VRS): Why The Price Surged Today

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Verso Corporation (NYSE: VRS) to BillerudKorsnäs AB for $27.00 per share in cash is fair to Verso shareholders. Halper Sadeh encourages Verso shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Verso and its

Verso (VRS) Stock Alert: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Verso Corporation Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – VRS

MIAMISBURG, Ohio, Dec. 19, 2021 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso") today announced that it has entered into a definitive merger agreement under which BillerudKorsnäs AB ("BillerudKorsnäs") will acquire all of the outstanding shares of Verso for a purchase price of $27 per share in cash, or approximately $825 million 1. Verso's Board of Directors, acting upon the recommendation of a special committee of Verso's Board, has unanimously approved and resolved to recommend approval of the merger by Verso's shareholders.

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