Mercer international inc. receives bankruptcy court sales order approval to acquire a clt facility

New york, aug. 03, 2021 (globe newswire) -- mercer international inc. (nasdaq: merc). the company is pleased to announce that today it received approval from the applicable bankruptcy court for a sales order approving the acquisition by its wholly-owned subsidiary of a state-of-the-art clt manufacturing facility located at spokane, washington (the "facility") for a price of $50 million, subject to customary adjustments. the closing of the sale is scheduled to occur shortly.
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