The current Board has presided over an extended period of underperformance, as well as the Company's failed strategy for its Paper segment. Despite the recent announcements, we continue to believe Wausau is deeply undervalued and that additional opportunities exist to significantly improve value for shareholders. As the largest shareholder of the Company, our interests continue to be directly aligned with those of all shareholders, and we will work to ensure that our collective interests are represented on the Board. We remain optimistic about the future of Wausau and look forward to working with you.Best Regards,
Starboard Delivers Letter To Wausau Board Of Directors
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