Loading
Search
NEWS STORIES

Wausau Paper will bring on two new board membersSubmitted: 03/06/2013
Lane Kimble
Lane Kimble
News Director
lkimble@wjfw.com

Wausau Paper will bring on two new board members
WAUSAU - It seems Wausau Paper's largest shareholder will get what it wanted... Two new, non-affiliated Board Members. Wausau Paper announced the decision Wednesday.

New York-based Starboard Value LP holds about 15 percent of Wausau Paper's stock.

It had demanded the paper company sell underperforming mills and make changes to its Board of Directors earlier this year.

The two new board members were suggested by Starboard Value LP, but do not have any connection to either Starboard Oor Wausau Paper.

They'll be up for approval at the 2013 Annual Meeting.

This is the third big change of the year for Wausau Paper. In January, the company announced the sale of three midwest mills, including Rhinelander's.

Then, last month, they announced the Brainerd, Minn. mill would close.

Text Size: + Increase | Decrease -
| Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS
What We're Working OnSubmitted: 02/19/2018

- Tonight on Newswatch 12:

Yesterday James Lussier who was being searched by police statewide was found and arrested in Oshkosh. He is one of five men facing homicide charges in connection with the murder of Wayne Valliere Jr. of Lac du Flambeau. We'll bring you more details on what happens next for Lussier.

Rhinelander residents will be electing a new Mayor on April 3rd. We talk to two of the three candidates running for the position.

And we'll show you a new system Nicolet College is using in place of textbooks to help students cut their costs.

We'll bring you the details on these stories and more tonight on Newswatch 12 - news from where you live.

+ Read More

RHINELANDER - Nicolet College doesn't ever want a student to choose between buying a textbook or paying the bills.

But when one textbook can cost up to $300, it's a choice many students face. 

"We don't want their grades to suffer. We don't want them to have to make that choice [between] do we take a 'C' or do we get an 'A'? Because we're going to have the materials first day of class now because they're free. They're right there," said Open Education and Instructional Resources manager Cindy Domaika. 

Nicolet College is now offering 22 textbook-free courses. 

+ Read More

RHINELANDER - Butterfinger, Black Forest, and Snickerdoodle flavors fill the cases at the newest bakery in Rhinelander.

Twin sisters Brooke Strong and Carmen Stamper own BC Cakes & More.

They just opened a second location on Brown Street a couple of weeks ago, but the ladies began re-inventing

flavors a few years ago at their Crandon location.

"Being able to try new things all the time with the flavors and getting suggestions from people," says Carmen Stamper.

+ Read More

NEILLSVILLE - A Neillsville couple is expected in court soon after police and sheriff's deputies searched their residence and reported finding methamphetamine, marijuana and a hand grenade.

The Clark County Sheriff's Office said Monday the Marathon County Bomb Squad was called to the home Friday to handle the grenade. Authorities say that after it was removed, officers searched the residence and found the illegal drugs and paraphernalia.

+ Read More

MADISON - A winter storm that's forecast to dump ice, heavy rain and flooding across much of Wisconsin has election officials concerned about getting polls opened and staffed on time.

The storm is set to hit on Tuesday, the spring primary for the state Supreme Court race and a host of local elections.

+ Read More

Play Video

MINOCQUA - A major 'safety net' resource used by nearly 800,000 people in Wisconsin could get cut in half.

The Trump Administration wants to radically change SNAP - the Supplemental Nutrition Assistance Program formally known as food stamps.

" It's a fundamental lifeline," said St. Germain Sentury Foods owner David Weber.
Last Monday Weber found out a lifeline for some of his customers was at risk.

" In its current form it's a very vital necessity for the families," said Weber.

Weber's store has supported the current debit card style SNAP or food stamp program since it started in the 60s. However, the Trump administration wants to radically change SNAP to a food box delivery styled program in its 2019 budget.

" The boxes people would receive, would contain mostly shelve stable food it doesn't [provide] fresh vegetables," said Weber.

+ Read More

STEVENS POINT - Stevens Point Police are investigating an armed robbery.

Around 6 a.m. Sunday morning, police and Portage County Sheriff Deputies responded to a report of an armed robbery at the R Store in the 5400 block of HWY 10 E in Stevens Point. Police say during the initial investigation, they determined an armed suspect displayed a weapon and took money from the store.

+ Read More
+ More General News
Search: 





Click Here