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VOL. 128 | NO. 113 | Tuesday, June 11, 2013

Georgia-Pacific Gets Request for Buckeye Data

AP

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MEMPHIS (AP)Georgia-Pacific LLC has received a request from the Federal Trade Commission and the antitrust division of the Justice Department for more information and documents related to its acquisition of Buckeye Technologies Inc.

Buckeye, which is based in Memphis, Tenn., runs manufacturing plants in the U.S. and Germany. It makes and markets specialty fibers and nonwoven materials made from wood and cotton. Those products are used in personal hygiene products, disposable diapers, engine air and oil filters, napkins, cleaning supplies, baby wipes and a series of other goods.

In April Georgia-Pacific announced that it reached a deal to buy Buckeye for about $1.46 billion. Georgia-Pacific is a privately held Atlanta-based paper, packaging and building products company.

The FTC and antitrust unit asked for more information and documentation on Buckeye's nonwovens business.

Georgia-Pacific and Buckeye said that they will continue to work with the FTC and antitrust division.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 166 10,044
MORTGAGES 105 195 13,070
FORECLOSURE NOTICES 5 40 2,578
BUILDING PERMITS 216 370 23,894
BANKRUPTCIES 82 152 9,685
BUSINESS LICENSES 42 51 3,654
UTILITY CONNECTIONS 103 264 14,227
MARRIAGE LICENSES 29 53 3,116

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