Verso to discover strategic alternate options, OKs stockholder rights plan – Verso Company (NYSE:VRS)


    Verso (NYSE:VRS) says it has re-engaged Houlihan Lokey Capital to help it in evaluating potential strategic alternatives, together with a potential merger, joint enterprise, inventory repurchase or sale.

    VRS has not but chosen everlasting CEO and, “given trade large challenges, we consider it’s crucial for us to discover all of our choices.”

    The corporate additionally says its board accredited a stockholder rights plan and licensed a dividend distribution of 1 proper for every excellent share of frequent inventory.

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