A proposed $675 million partnership between Appleton Papers Inc. and a Texas investment firm has been terminated due to volatile market conditions, Appleton said Friday.
The deal with Hicks Acquisition Co. II would have resulted in a publicly held company with a new focus, and a new name, for the papermaker that employs 1,700 people and is based in Appleton.
In a news release, both companies said they mutually agreed to terminate the proposed business combination due to "volatile market conditions," but did not elaborate.
? 2012, Journal Sentinel Inc. All rights reserved.
brad pitt and angelina jolie brad and angelina herniated disc sacramento kings luke scott tom benson royals
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.