Buckeye shareholders to vote on Georgia-Pacific merger

Georgia-Pacific LLC and GP Cellulose Group LLC, an entity controlled by Georgia-Pacific, today announced that GP Cellulose Group has chosen to convert to a “long form” merger in the pending acquisition of Buckeye Technologies Inc. and to terminate the previously announced tender offer in accordance with the merger agreement with Buckeye Technologies.

Georgia-Pacific and GP Cellulose have chosen to convert to the merger as a result of the previously announced second request from the Department of Justice regarding the nonwovens business. The “long form” merger affords Buckeye Technologies’ shareholders the opportunity to vote to approve the merger.

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