Wausau Paper Finds a Buyer for Both Wis. Mills

RHINELANDER - Wausau Paper today announced that it has signed a non-binding Letter of Intent to sell its specialty paper business to a new company to be formed and controlled by investment funds sponsored by KPS. Capital Partners L.P. (“KPS”), a New York based private equity firm with significant experience in the paper industry and in completion of complex corporate carve-outs. Full Story: WJFW