Wausau Paper will release 2015 third-quarter financial results on Thursday, November 5, prior to opening of the New York Stock Exchange. No analyst call will be held in conjunction with this earnings release.
On Tuesday, October 13, in a joint announcement, the Company along with SCA Americas Inc., a division of Stockholm, Sweden, based Svenska Cellulosa Aktiebolaget SCA, entered into an agreement and plan of merger under which the Company will become a wholly-owned subsidiary of SCA Americas. The transaction, subject to customary regulatory and Company shareholder approvals, is anticipated to close during the first quarter of 2016.
About Wausau Paper:
Wausau Paper produces and markets a complete line of away-from-home towel and tissue products, as well as soap and dispensing systems. The Company is listed on the NYSE under the symbol WPP. To learn more about Wausau Paper visit wausaupaper.com.
Safe Harbor under the Private Securities Litigation Reform Act of 1995:
The matters discussed in this news release concerning the Company’s future performance or anticipated financial results are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties which may cause results to differ materially from those set forth in these statements. Among other things, these risks and uncertainties include the strength of the economy and demand for paper products, increases in raw material and energy prices, manufacturing problems at Company facilities, and other risks and assumptions described under “Information Concerning Forward-Looking Statements” in Item 7 and in Item 1A of the Company’s Form 10-K for the year ended December 31, 2014. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Investor and Media Contact:
Perry Grueber, 715-692-2056
Director Investor Relations