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Verso Paper Ends Talks To Acquire NewPage

By Jamie Santo (September 5, 2012, 10:40 PM EDT) -- Verso Paper Corp., owned by private equity firm Apollo Global Management LLC, said on Tuesday it would not pursue further merger discussions with bankrupt rival NewPage Corp., the troubled papermaker that recently entered mediation with its creditors in the hope of resolving its nearly year-old Chapter 11 case....

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