VERSO CORPORATION (NYSE:VRS) Files An 8-K Other EventsItem 9.01 Other Events.
On September 21, 2017, the Board of Directors (the “Board”) of Verso Corporation (“Verso” or the “Company”) formed a Strategic Alternatives Committee (the “Committee”), comprised of the following members of the Board: Alan J. Carr, Eugene I. Davis (Chairman) and Steven D. Scheiwe. The Board has authorized the Committee, with the assistance of Houlihan Lokey Capital, Inc., the Company’s financial advisor, to lead Verso’s continuing efforts to identify and evaluate a range of potential strategic transaction alternatives, including the possible sale of some Verso mills, engage in discussions and oversee the due diligence process with parties potentially interested in transactions with the Company, and recommend to the Board whether any proposed transaction is in the best interests of the Company and its stockholders. On September 21, 2017 the Company issued a press release announcing the formation of the Committee. A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01Financial Statements and Exhibits.
Verso Corp ExhibitEX-99.1 2 v475587_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Verso Corporation Board of Directors Forms Strategic Alternatives CommitteeMIAMISBURG,…To view the full exhibit click