Title

"News & Issues" piece on the planned acquisition of Champion International by th

Authors

Phyllis Austin

Source

Maine Times

Date

3-9-2000

Pages

9

Abstract

"News & Issues" piece on the planned acquisition of Champion International by the Finnish company UPM-Kymmene. Champion has extensive land holdings in Washington, Hancock and Piscataquis counties. One Wall Street analyst has doubts about the $6.6 billion proposal ever being completed. Mark Wilde of Deutche Banc Alex Brown said he believes Champion's stock is worth a lot more than the $60.57 a share that was offered. Wilde said he thinks International Paper or Mead Corp. may still offer counter-bids.

Subjects

Champion International Corp, Paper industry

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