Comment on Verso Paper files for bankruptcy

Verso Paper files for bankruptcy

Once the primary supplier of glossy paper to the likes of Time magazine, Verso Paper Corp. filed for bankruptcy reorganization Tuesday, seeking protection from creditors for a business that has been clobbered by market shifts and changing consumer habits. The Tennessee-based paper company, which operates a mill in Jay where about 550 people are employed, filed papers in Delaware bankruptcy court.

 

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