Hedge fund claims loss of investors’ confidence in Wausau Paper board

Journal Sentinel – The largest shareholder of Wausau Paper Corp., a hedge fund that already has compelled the 115-year-old paper maker to close and sell its Wisconsin operations, increased pressure this week by claiming that other shareholders have lost patience with Wausau’s management and performance.

“The time has come for real change at Wausau Paper Corp.,” states the latest public letter from Starboard Value LP, the New York investment house.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply