Paper Giants to Merge

| Jim Tierney

If the proposed merger between paper company Stora Enso and private equity firm Cerberus Capital, which owns NewPage Corp., is approved, NewPage would emerge as the top producer of coated freesheet paper in North America.

Bombay Co. Files Chapter 11

| Larry Riggs

(Direct Newsline) The Bombay Co., Inc. and five affiliated companies have filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code.