Verso Corporation (VRS) seeking strategic alternatives

  • June 17, 2019

POTENTIAL DEAL DETAILS

StockVerso CorporationSymbolVRS
Date Announced06/13/2019Source Press release
TypeCompany Seeking Strategic Alternatives

Verso Corporation (VRS) today announced that its Board of Directors, had in late March of 2019, reengaged Houlihan Lokey Capital, Inc. as the company’s financial advisor to assist Verso in identifying and evaluating a range of potential strategic alternatives, including a possible merger, joint venture, partnership, business combination, stock repurchase, recapitalization, sale, distribution, transfer or other disposition or acquisition of assets or equity interests, while the Company conducts its search to identify and retain a permanent chief executive officer.

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