/PRNewswire/ Verso Corporation (NYSE: VRS) today announced the preliminary results of its "modified Dutch auction" tender offer for the purchase for cash of.
/PRNewswire/ Verso Corporation (NYSE: VRS) today announced the final results of its "modified Dutch auction" tender offer for the purchase for cash of.
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MIAMISBURG, Ohio, May 13, 2021 /PRNewswire/ Verso Corporation (NYSE: VRS) today announced that it is commencing a modified Dutch auction tender offer to purchase for cash shares of its Class A common stock, par value $0.01 per share (the Shares ), for an aggregate purchase price of not more than $55.0 million.
Verso President and Chief Executive Officer Randy Nebel said: Even during this tumultuous time, we remain committed to returning value to our shareholders while maintaining our financial stability. Accordingly, this tender offer is part of Verso s commitment to return to our shareholders a portion of the net proceeds from our February 2020 sale of our Androscoggin and Stevens Point mills.