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Badger paper closes down.


BADGER PAPER CLOSES DOWN. Badger Paper, Peshtigo Peshtigo (pĕsh`tĭgō'), city (1990 pop. 3,154), Marinette co., NE Wis., on the Peshtigo River 6 mi (9.7 km) inland from its mouth on Green Bay; inc. 1903. , Wisconsin Wisconsin, state, United States
Wisconsin (wĭskŏn`sən, –sĭn), upper midwestern state of the United States. It is bounded by Lake Superior and the Upper Peninsula of Michigan, from which it is divided by the Menominee
, USA shut down its operations in mid-October after an agreement to to sell the firm to a shareholder, James Azzar, fell through, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a report by the Business Journal of Milwaukee. The report noted that 99 employees have been laid off, according to a mass layoff Layoff

1. When a company eliminates jobs regardless of how good the employees' performance. 2. A risk reduction, made by investment bankers, that minimizes the potential downside associated with a commitment to purchase and sell a stock issue unsubscribed by stockholders holding
 notice filed with the Wisconsin Department of Workforce Development. The agreement that fell through had provided for the acquisition of Badger through a merger with an entity to be formed by Azzar.
COPYRIGHT 2005 Paper Industry Management Association
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:INDUSTRY NEWS
Publication:Solutions - for People, Processes and Paper
Date:Nov 1, 2005
Words:87
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