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...and paper mill, putting nearly 616 people out of work.Potlatch made the sales agreement with South African-based Sappi Limited for the Cloquet mill and related assets for $480 million in cash.A non-compete clause was attached preventing coated...
...Minnesota Attorney General Mike Hatch sued Potlatch and Sappi Limited Thursday, saying a sales agreement between the two...Cloquet pulp and paper mill to South African-based Sappi Limited earlier this week. The $480 million purchase agreement...
...and paper mill, putting nearly 616 people out of work.Potlatch made the sales agreement with South African-based Sappi Limited for the Cloquet mill and related assets for $480 million in cash. A non-compete clause was attached preventing...
...Monday if the sales contract with Sappi Limited is signed, but officials cannot...companies, such as division buyer Sappi Limited, was listed as one pressure...selling it or shutting it down. Sappi Limited provided the deep pockets for...
...a lawsuit filed by the state of Minnesota against Sappi Limited and Potlatch was dismissed. "We are pleased it is...From the beginning and throughout these negotiations, Sappi Limited made it clear it would consider no purchase agreement...
Mediation efforts to settle a lawsuit between the state and Sappi Limited and Potlatch fell through Thursday morning in St. Paul. Crow Wing County District Court Judge Richard Zimmerman urged mediation...
...actually removal of overhead doors. A crane is being used to remove coating machine and related equipment sold to Sappi Limited in the original March 18 sale agreement that had Sappi buying Potlatch's printing paper divisions, the Cloquet mill...
...being legal scholars of any sort, we couldn't hazard a guess as to whether aspects of the sale agreement between Sappi Limited and Potlatch violate state law. However, the stakes are high enough in this big-business deal that idled 616 Brainerd...
...District Court decision determining whether a non-compete clause is legal in the sale agreement between Potlatch and Sappi Limited is still pending. Tom Brotski, Potlatch transition manager, said the company was unable to comment on the issue...
CLOQUET -- Reaction is mixed in Cloquet about the purchase by South African-based Sappi Limited of the Potlatch mill. Photos It's not easy to ask employees their opinion. Sappi is located on the main drag in Cloquet, the...