Buckeye Technologies Inc.Merger Agreement • May 7th, 2013 • Buckeye Technologies Inc • Pulp mills
We are pleased to inform you that, on April 23, 2013, Buckeye Technologies Inc. (“Buckeye”) entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Georgia-Pacific LLC (“Georgia-Pacific”) and GP Cellulose Group LLC, an indirect wholly-owned subsidiary of Georgia-Pacific (the “Purchaser”). In accordance with the Merger Agreement, Purchaser has today commenced a tender offer (the “Offer”) to purchase all of the outstanding shares of our common stock, par value $0.01 per share (the “Shares”), at a price per share of $37.50, net to the seller in cash, without interest (the “Offer Price”) and subject to any withholding of taxes required by applicable law.
