Florida company offers friendly takeover of Tembec

A friendly takeover offer for Tembec, which has several business units and a corporate office in Temiscaming, Quebec. The offer from Rayonier Advanced Materials of Jacksonville, Florida values the Quebec-based lumber, paper and pulp producer at 807-million dollars U-S, including $487-million dollars U-S in debt. A release says Rayonier will continue all Tembec operations and … Continue reading Florida company offers friendly takeover of Tembec