"News & Issues" piece on Canada-based Inexcon's proposed buyout of Bowater's Gre
"News & Issues" piece on Canada-based Inexcon's proposed buyout of Bowater's Great Northern holdings and how it will be financed. Neither party would comment on who the lenders are, the sale price or the debt-equity arrangement. And an information vacuum on just who Inexcon is, its principals' assets and their motivation add to the mystery. The Maine Secretary of State's office said Inexcon first registered to do business in Maine on April 9, under the name B & I. That name was changed to Inexcon on May 11. Kevin Haley, a Lewiston attorney, is listed as clerk. Information about Inexcon in Canada is conflicting. Industry observers speculate that Inexcon is a stalking horse for one or more investors who want to remain anonymous.
Bowater Inc, Inexcon Maine Inc, Great Northern Paper Company
Austin, Phyllis, ""News & Issues" piece on Canada-based Inexcon's proposed buyout of Bowater's Gre" (1999). Maine News Index – Maine Times. 3570.