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Article: Georgia-Pacific Corp. reports its second quarter results to include pre-tax gains from sale of balance of its interest in Georgia Gulf Corp.

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PR Newswire
Article date:
April 1, 1987
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ATLANTA, April 1 /PRNewswire/ -- Georgia-Pacific Corp. (NYSE: GP) today announced that its second quarter results will include a $60 million pre-tax gain from the sale of the balance of its interest in Georgia Gulf Corp.

Georgia-Pacific has agreed to sell warrants to purchase approximately 1.8 million shares of Georgia Gulf common stock to Goldman, Sachs & Co. in connection with their offering of 4.8 million shares of ...

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