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Stock Market & Financial Investment News

News Breaks
March 1, 2013
08:16 EDTGS, CLWClearwater Paper announces $50M accelerated stock buyback
Clearwater Paper (CLW) announced that it entered into an accelerated stock buyback agreement with Goldman, Sachs & Co. (GS) to repurchase an aggregate of $50M of Clearwater Paper common stock. The company will acquire the common shares pursuant to the ASB agreement as part of its $100 million stock repurchase program. This program, which was announced on January 17, 2013, in conjunction with the sale of $275M of 4.5% senior notes by the company, is targeted to be completed in 2013. Under the ASB agreement, the company will pay $50M to Goldman, Sachs & Co. and will receive a majority of the shares underlying the ASB agreement, from Goldman, Sachs & Co. on March 6, 2013. The remaining shares to be repurchased under the ASB agreement, if any, will be based generally on the daily volume-weighted average price of Clearwater Paper common stock during the term of the ASB agreement.
News For CLW;GS From The Last 14 Days
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May 26, 2015
08:17 EDTGSGoldman hired by Carlyle for potential stake sale in Telecable, Reuters reports
Goldman Sachs (GS) has been hired by Carlyle (CG) to advise the company on a possible sale of its 85% stake in Telecable, a Spanish telecoms operator, Reuters reports, citing two sources. Reference Link
06:04 EDTGSGoldman seeks to target $1B in renewable energy bonds in Japan, Reuters says
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May 20, 2015
08:21 EDTGSATM data theft soars to highest rate in two decades, WSJ says
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May 14, 2015
06:04 EDTGSUnivision IPO could launch 'in weeks,' NY Post reports
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