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Bowater to Buy Alliance Forest Products for $770 Million
Bowater (BOW Quote) said Monday it will acquire Canada's Alliance Forest Products (PFA Quote) for roughly $770 million, or C$1.2 billion, including assumed debt.
Bowater will offer C$13 in cash and 0.166 shares of its common stock for each Alliance share, implying a value of C$26 for Alliance's shares. ...
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