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Article: Koch Industries Finalizes $21 Billion Purchase of Georgia-Pacific.(Company Profile)
- Article from:
- Business Wire
- Article date:
- December 23, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTA & WICHITA, Kan. -- Koch Industries, Inc. today announced the successful completion of its $21 billion acquisition of Georgia-Pacific Corp.
The acquisition was finalized today through the merger of Koch Industries' wholly owned subsidiary, Koch Forest Products, Inc., with and into Georgia-Pacific. Georgia-Pacific will retain its name and operate from its Atlanta headquarters as a privately held, indirect wholly owned subsidiary of Koch Industries.
"Georgia-Pacific is a highly respected company with great businesses and a strong history as a market leader," said Charles G. Koch, chairman and chief executive officer of Koch Industries. "We believe ...