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November 3, 1995 | Times Staff and Wire Reports
St. Joe to Sell Paper Assets: Jacksonville, Fla.-based St. Joe Paper Co. announced a deal to sell its pulp and paper mill and 16 box plants for $390 million, taking a big step to divest its non-core assets. Box USA, owned by Valhalla, N.Y.-based Four M Corp., the largest privately held corrugated box maker in the nation, is acquiring the box plants located on the East Coast. It is also buying the pulp and paper mill in Port St. Joe, Fla., in a 50-50 joint venture with Stone Container Corp.
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BUSINESS
November 3, 1995 | Times Staff and Wire Reports
St. Joe to Sell Paper Assets: Jacksonville, Fla.-based St. Joe Paper Co. announced a deal to sell its pulp and paper mill and 16 box plants for $390 million, taking a big step to divest its non-core assets. Box USA, owned by Valhalla, N.Y.-based Four M Corp., the largest privately held corrugated box maker in the nation, is acquiring the box plants located on the East Coast. It is also buying the pulp and paper mill in Port St. Joe, Fla., in a 50-50 joint venture with Stone Container Corp.
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BUSINESS
November 3, 1995 | Times Staff and Wire Reports
St. Joe to Sell Paper Assets: Jacksonville, Fla.-based St. Joe Paper Co. announced a deal to sell its pulp and paper mill and 16 box plants for $390 million, taking a big step to divest its non-core assets. Box USA, owned by Valhalla, N.Y.-based Four M Corp., the largest privately held corrugated box maker in the nation, is acquiring the box plants located on the East Coast. It is also buying the pulp and paper mill in Port St. Joe, Fla., in a 50-50 joint venture with Stone Container Corp.
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