NEWS STORIES

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

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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.

Story By: Lauren Stephenson

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 IN OTHER NEWS
Celebrating Easter in the snowSubmitted: 04/19/2014

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RHINELANDER - Snow on the ground can’t keep the Easter bunny away in the Northwoods.

Hundreds of kids and their families searched for Easter eggs in Rhinelander on Saturday.

“Even with the snow and the slush, they love running around and getting out there and getting the eggs,”said Nicole Polkowski, the Rhinelander Area Optimist Club president.

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Police rescued 22 animals from home Submitted: 04/19/2014

OSHKOSH - A Winnebago County woman has been arrested after authorities found nearly two dozen animals living in deplorable conditions in the Town of Clayton.

WGBA-TV reports that since Thursday, authorities have rescued 17 horses and five dogs from the home. Winnebago sheriff's detective Chris Braman says they did not look healthy.

Another three horses were found dead.

Cattle Rescue Inc. will be caring for the surviving horses. Director Bill Blemke says they are malnourished.

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Police investigate threatening letter Submitted: 04/19/2014

STOUGHTON - Police in Stoughton are investigating a threatening letter that was sent to a black teenager, with a photo that depicted him as the victim of a lynching.

The letter had a Madison postmark but no return address. The family told the newspaper it contained a photo showing two men hanging from a tree, with a mob watching. A picture of the 18-year-old was superimposed onto one of the men.

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Easter weekend brings in more businessSubmitted: 04/19/2014

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MINOCQUA - Easter weekend normally brings in a lot of tourist.

For business owners, that means an increase in sales.

The Pine Cone Boutique in Minocqua says they've seen an increase in customers.

They're right off Highway 51 North, right next to McDonald's.

One of the sales associates just started working there.

But she could tell that business picked up quickly.

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Snow and ice won't stop fishermen from enjoying opening weekendSubmitted: 04/18/2014

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EAGLE RIVER - The snow on the ground makes it seem more like January than mid-April.

The record-breaking snow will make it more difficult for lakes to melt in time for the fishing opener on May 3rd.

Fishing guides have just two weeks until opening weekend.

They say they're having flashbacks to last year's late season ice, but they're not worried.

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Fire does $1.5 million in damage in Marathon CountySubmitted: 04/18/2014

EDGAR - Fire did $1.5 million dollars in damage at a Marathon County Highway Department garage overnight.

Someone driving by shortly before three this morning saw smoke coming from the building along State Highway 97 near Edgar.

One of the garages was on fire at the Marathon County Highway Department's location in the town of Wien.

Firefighters from Edgar and Stratford rushed to the scene.

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UPDATE: Name released in Tomahawk house fireSubmitted: 04/18/2014

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TOMAHAWK - A man in a wheelchair couldn't make it out of a burning Tomahawk home Thursday.

The fire killed 70-year-old Kenneth Pietila.

A snow plow driver saw smoke coming out of the windows of the home on East Pine Shore Lane just after 1 p.m.

Tomahawk firefighters found an active fire spreading throughout the home.

Pietila, in his wheelchair, couldn't be saved.

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