Tuesday, February 14, 2012

Resolute Applies to Stop Mercer's Fibrek Offer


AbitibiBowater Inc., doing business as Resolute Forest Products,  announced that it applied to the Bureau de decision et de revision (Quebec), the administrative tribunal with statutory jurisdiction in securities law and regulatory matters in Quebec, for an order to cease trade the proposed offer by Mercer International Inc. to acquire all of the issued and outstanding common shares of Fibrek Inc. Fibrek and Mercer announced the offer on February 10.