Canada’s Paper Excellence to buy Resolute Forest Products in $2.7 bln deal
Canada's Paper Excellence, through its U.S. unit Domtar, agreed to buy Resolute Forest Products Inc on Wednesday in a deal valued at about $2.7 billion, sending the U.S.-listed shares of Resolute up by 65% before the bell. Read More
Resolute Forest stock rockets on buyout deal valued at $2.7 billion by Paper Excellence Group
Shares of Resolute Forest Products Inc. undefinedundefined rocketed 65.3% to pace all premarket gainers, and to put them on track for an eight-year high,...