Wausau Paper urged to sell - WAOW - Newsline 9, Wausau News, Weather, Sports

Wausau Paper urged to sell


WAUSAU (WAOW) --  In December, Wausau Paper announced the closure of its Brokaw mill.  The closure will put hundreds of people out of work.

Now, the company could be facing more changes. 

Wausau Paper's largest shareholder, Starboard Value LP, recently sent a letter to the board of directors urging them to sell the company.  This is the third letter since July.

Wausau Paper officials say they're reviewing the letter and it is too soon to comment about any possible changes. 

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