Wausau Paper to sell specialty paper business
date:May 24, 2013
re-sensitive release liner segments. A collective bargaining agreement covering employees at the Mosinee, Rhinelander and Kaukauna facilities has been negotiated and ratified. The collective bargaining agreement and the Thilmany acquisition agreement were both conditions to Wausau Paper entering into its agreement with KPS.

Key highlights of the transaction are as follows:

The transaction will result in net cash proceeds to Wausau Paper of approximately $110 million after settlement of transa
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