Buckeye Shareholders Approve Georgia-Pacific Takeover

Law360, New York (August 15, 2013, 6:44 PM EDT) -- Buckeye Technologies Inc. shareholders voted Thursday to accept a $1.5 billion takeover by Georgia-Pacific Corp. — a vote that was never really supposed to happen.

Buckeye and Georgia-Pacific started their merger as a tender offer in May, with plans to wrap up quickly. But just in case antitrust regulators had a problem — the combined company would be one of the largest pulp millers and paper fiber producers in the U.S. — the parties included a fallback option.

If they got a second request under the...
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