Merrill Lynch Downgrades Verso Paper (VRS) to Underperform
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Merrill Lynch downgrades Verso Paper (NYSE: VRS) from Buy to Underperform.
Verso Paper Corp. is a indirect parent company of Verso Paper Finance Holdings LLC and Verso Paper Holdings LLC and a direct subsidiary of Verso Paper Management LP, a holding company whose subsidiaries operate in three operating segments: Coated & supercalendared (SC) papers, hardwood market pulp, and Other, consisting of specialty industrial paper.
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