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Wausau Paper's largest shareholder calls for management overhaul and move, or saleSubmitted: 01/19/2014
Story By Lauren Stephenson


MOSINEE - Wausau Paper's largest shareholder, Starboard Value LP, wants the company to replace management or consider selling the company.

Starboard owns more than 15% of Wausau Paper's stock.

It publicly released a 10-page letter outlining its suggestions to board members Friday.

The letter criticizes current management for "ignoring shareholder concerns" and the company's "prolonged underperformance under the direction of the current management team and Board."

In the letter, Starboard's CEO Jeffrey Smith says Wausau Paper's board "has been more intent on lining the pockets of management."

He says the board spent $250 million to restructure its printing and writing business.

Starboard suggested they sell it.

Wausau Paper did finally sell the two specialty printing mills in Rhinelander and Mosinee to KPS Capital Partners LP last summer.

But Starboard CEO Jeffrey Smith said they should have sold a year earlier when the business was worth more.

Starboard claims management refuses to move headquarters from Mosinee even though "Wausau's Tissue business, which now represents 100% of revenue, operates entirely out of Kentucky and Ohio."

Wausau Paper just invested $220 million into its facility in Kentucky.

Starboard argues the management should move there to oversee the operations.

The letter also nominates three people directors to the Wausau Paper board.

One of those nominees is Starboard CEO Jeffrey Smith.

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CRANDON - The first annual Legionnaire Mud Challenge made its way to Crandon Saturday.

The International Off-Road Raceway welcomed nearly 200 participants ready to get down and dirty.

Men and women of all ages were brought together by the desire to work up a sweat.

"There's not a lot of opportunities like this in the northwoods, so it's always great to see one pop up," said Justin Lund.

He's an experienced obstacle course athlete and came in first in the men's 10k.

And for the women, Sheila Reynolds also took first place.
 
"It's fun and then you get other people running and you're encouraging them along in a way. It's just a great atmosphere," said Reynolds.

Athletes participating in the mud challenge had the option of running as an individual or on a team. When registering, they chose between the 5k or 10k.

Not only are these athletes getting all muddy as they're going through the race, they also have to climb over obstacles like these barrels of hay.

Some of the obstacles included a tire wall, slip n' slide, and muddy wet puddles to get through.

"I talked to a lot of the runners before we went and they said that the obstacles were tough and they really liked the course," said Beaver, one of four runners on a team.

Beaver and The Boys completed the course with only a few setbacks along the way.

"I lost my shoe in the middle of it and had to go back and find it," he said.

Athletes had to get up and over more than 15 obstacles throughout the race.

All the money raised will go to the Northwoods United Way and American Cancer Society.

The second annual Legionnaire Mud Challenge will take place next year.

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MADISON - State attorneys have asked a federal judge to stay a ruling allowing people to vote without photo identification in November's election pending an appeal.

In Milwaukee this week, U.S. District Judge Lynn Adelman issued a preliminary injunction allowing people who haven't been able to obtain IDs to vote in the Nov. 8 election if they sign an affidavit explaining why they couldn't get the identification.

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WINCHESTER - Just a short walk from Kristin Cibelli's parents' deck stand--or rather lie--uprooted trees and twisted fences.

"I've never seen any damage like that in the 48 years I've been coming up here," Cibelli said.

Cibelli woke up to Thursday morning's heavy rains and winds around 5:30 a.m.  The storm finally passed over the Winchester area and the family went out to look over the damage.

"Adrenaline definitely was flowing," Cibelli said.

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CRYSTAL FALLS, L'ANSE - Hunters, biologists, and wildlife watchers worry about the low deer population in northern Wisconsin.

But in Michigan's Upper Peninsula, the situation is even worse.

Wildlife biologists say nearly every single fawn died after the harsh winters of 2012 and 2013, further hurting a struggling herd. In fact, the population has been on the decline since 1995.

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LANGLADE COUNTY - A dead crow found in Langlade County last week tested positive for West Nile virus. It's the first crow to test positive in Langlade County since surveillance started for the virus on May 1.

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RHINELANDER - We finally did it. We hit 90 degrees Thursday, July 21st, for the first time in almost three years.

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How camps are handling the heatSubmitted: 07/22/2016

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RHINELADER - During the summer months, camps look forward to welcoming campers and counselors.

But they certainly don't look forward to those hot and humid days that make it hard to enjoy being outdoors.
 
This week, Rhinelander's Camp Birchrock has focused on keeping its campers cool all day long.

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