Verso corp announces sale of androscoggin and stevens point mills for $400 million

Verso corporation announces sale of androscoggin and stevens point mills for $400 million.verso corp - adam st. john named as chief executive.verso corp - strategic review to continue.verso corp - will utilize about $54 million of net proceeds from sale to reduce a portion of its unfunded pension liability.verso corp - les lederer will continue to serve as a senior transaction advisor to company.
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