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United States

Verso Corp (VRS.N)

VRS.N on New York Stock Exchange

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30 Nov 2016
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Mon, Nov 14 2016

BRIEF-Verso Corp reports Q3 results

* Reconfirmation of 2016 adjusted EBITDA guidance of $180-190 million

BRIEF-Verso says it plans to organize its business into two units

* Verso Corp - plans to organize its business into two strategic business units - graphic paper and specialty paper

BRIEF-Verso plans to temporarily idle 200,000 tons of annual production capacity at Androscoggin mill

* Verso announces plans to temporarily idle 200,000 tons of annual production capacity at its Androscoggin mill in Maine

BRIEF-Verso: Robert Amen to become Chairman of Board

* David J. Paterson to retire as chairman of board and chief executive officer

BRIEF-Mudrick Capital reports 6.2 pct passive stake in Verso Corp

* Mudrick Capital Management L.P reports 6.2 percent passive stake in Verso Corporation, as of July 15, 2016 - SEC filing Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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