Loading

36°F

37°F

36°F

39°F

33°F

38°F

36°F

36°F

33°F

38°F

36°F

36°F
Search
NEWS STORIES

Wausau Paper will bring on two new board membersSubmitted: 03/06/2013
Story By Lane Kimble


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

MADISON - The state Senate will consider eliminating Wisconsin's 48-hour waiting period to buy a handgun.

+ Read More
Unique Boutique: Schroeder's Submitted: 04/21/2015

ANTIGO - It can be hard to find unique clothing in a smaller community like Antigo. But two sisters-in-law have perfected a business for the small town.

Schroeder's in Antigo has changed a lot over the years. The business began as a farm market.

+ Read More

RHINELANDER - Oneida County won't allow a temporary dog park to be built on an empty piece of land near Rhinelander's airport.

+ Read More
What We're Working OnSubmitted: 04/21/2015

- We went to one of the best places to see the night sky a remote state park in the Upper Peninsula. The views are stunning.

We'll have the details on this story and more tonight on Newswatch 12 - news from where you live.

+ Read More

BAYFIELD - People needed to pay to see a natural wonder in Wisconsin this winter.

A $5 fee was put in place for those who wanted to hike out to the ice caves at Apostle Islands National Lakeshore.

+ Read More

MADISON - The co-chair of the Legislature's budget-writing Joint Finance Committee says he is open to raising hunting and fishing permit fees for people outside of Wisconsin.

Rep. John Nygren said Tuesday that option will be considered by the committee on Wednesday as it votes on parts of the Department of Natural Resources budget.

+ Read More

Play Video

NORTHWOODS - Chippewa tribes in Wisconsin may be one step closer to being able to hunt deer at night again.

+ Read More
+ More General News
Search: 




Click Here