Wausau Paper to sell specialty paper business
date:May 24, 2013
ll have the opportunity to receive a contingent payment that would be equal to what the holder of a 5% equity interest in Expera would receive if certain performance thresholds and KPS liquidity events occur.

The transaction received required regulatory approval under the Hart-Scott-Rodino Antitrust Improvements Act. Other customary conditions to closing, including third-party financing, remain. The Wausau Paper sale to Expera is also conditioned upon Expera completing the acquisition of the Th
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