The New York hedge fund that helped force for its upper-income investors the closure of Wausau Paper's historic mill in Brokaw at the cost of 450 jobs reports the $21 million deal is done, but wants even more profit through asset sales in this episode of destructive capitalism by the 1% - - from afar.
Interesting, isn't it, that the hedge fund is named Starboard, the nautical term for the right side.
And it is eye-balling targets far bigger than Wausau Paper.
Props to the Wausau Herald for its earlier coverage, cited here.
Wausau Papers in Rhinelander and Mosinee are next. It's only a matter of time.
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