Crown Vantage Shares Now Trade In Nasdaq National Market.OAKLAND, Calif.--(BUSINESS WIRE)--Aug. 28, 1995--The common stock of Crown Vantage Inc. began trading today as CVAN CVAN Attack Aircraft Carrier (Nuclear Propulsion) CVAN CINCPAC Voice Alert/Automated Net on the Nasdaq National Market. Crown Vantage is a manufacturer of printing, publishing, and specialty packaging and converting papers. Crown Vantage will trade on a when-issued basis as CVANV for today only, before returning to regular trade Tuesday, Aug. 29. One share of Crown Vantage common stock has been distributed as a tax-free dividend to shareholders for every 10 shares of James River James River or Dakota River River in the U.S. rising in central North Dakota and flowing southeast across South Dakota. It joins the Missouri River about 5 mi (8 km) below Yankton after a course of 710 mi (1,140 km). Corporation common stock they held on the record date, Aug. 25, 1995. Crown Vantage assets include 9 paper manufacturing facilities and 2 pulp mills in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. as well as two paper mills in Scotland. The company, which has about 4,100 employees, had sales exceeding $530 million in the first six months of 1995. "Crown Vantage becomes a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. at a time when demand for our products continues to grow, with the industry expected to add little new capacity," said Ernest S. Leopold, chairman, president and chief executive officer. "We believe that as a stand-alone business we will be much stronger, due to our strategic focus and market commitment as well as our direct access to financial markets and use of internally generated funds to expand operations over time." Leopold, 61, who has more than 30 years experience in the paper industry with Crown Zellerbach and James River, has served as James River's executive vice president of communication papers since 1990. Crown Vantage mills in the United States are located in Berlin-Gorham, N.H.; St. Francisville St. Francisville may refer to:
 r`ən), city (1990 pop. 33,694), seat of St. Clair co., S Mich., a natural, deepwater port of entry at the junction of the St. Clair River with Lake Huron; inc. 1857. and Ypsilanti, Mich. Operations in Scotland are located in Guardbridge and Dalmore. Company headquarters is in Oakland, Calif. The company maintains a sales and distribution center in Southampton, Pa. CONTACT: Crown Vantage Inc., Oakland Katie Cutler, 510/874-3458 (Media) Charles Shreve, 510/874-3475 (Investor) |
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