Verso and New Page face antitrust hurdles
The U.S. Department of Justice is likely to delay or even block the proposed merger of NewPage and Verso Paper, according to a news service that focuses on bankruptcy issues.
What will catch Department of Justices eye is that the merged company would control 58% of North American capacity to make coated paper.
Verso and NewPage may argue that supercalendered paper is part of the same market as coated paper, which would shrink the companies' market share somewhat because Verso no longer makes SC paper.