Paper Firms Reshuffle a Deck.

The article reports on the decision of the paper industry to enter into initial public offerings (IPOs) and mergers to specialize their operations in the U.S. In December 2007, Apollo Management LP filed an IPO for Verso Paper Corp. on the New York Stock Exchange (NYSE) to raise $345 million. Boise Inc. is expected to launch its IPO on the NYSE. Analysts believe that the review conducted by Weyerhaeuser Co. on selling some of its businesses will lead to merger.