Verso Paper Corp. has reached an anti-trust settlement with federal regulators that could allow it to move forward with the purchase of NewPage for about $1.4 billion.
The proposed deal, which still awaits court approval, requires Verso to sell its mill in Rumford and another in Wisconsin.
Verso announced back in October that it planned to sell those mills to a Canadian firm, in order to make the merger with NewPage possible.
Verso just closed its mill in Bucksport, but says that move was not related to the NewPage deal.
