Pulp & Paper News

Wausau board says ‘disturbed’ by Starboard letters, calls description inaccurate, ‘without any basis in fact’



MOSINEE, WI , Jan. 15, 2013 (Business Wire) - 

Wausau Paper (WPP) announced today that it was in receipt of the letter sent yesterday by Starboard Value LP ("Starboard"), as well as a letter sent on January 11, 2013, which indicated Starboard's intent to nominate three candidates to the Company's Board of Directors.

The Company announced that its Board of Directors has sent a response to Starboard's letters, the text of which follows:

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