MEMPHIS, TN and NORCROSS, GA—xpedx, a business of International Paper, and Unisource Worldwide, Inc., have announced that they have chosen the name Veritiv for the leading distribution solutions company that will be created upon completion of their merger. The name Veritiv comes from the roots of three words: “verity,” meaning true, and “active” and “connective.” Common stock … Continued
NORCROSS, GA—Unisource Worldwide, Inc. and xpedx will merge under the terms of a definitive agreement that will result in the creation of a new publicly traded company. The agreement to merge the two businesses was signed by International Paper, parent company of xpedx, and by UWW Holdings, Inc. the holding company of Unisource and owned … Continued
NORCROSS, GA—Unisource Worldwide announced it is engaged in exclusive talks with International Paper regarding a proposed transaction in which its xpedx distribution business would be combined with Unisource. Unisource and xpedx are leading, complementary business-to-business distributors of printing paper, packaging and facility supplies. The discussions were initiated after Unisource approached International Paper about the potential … Continued