Mercer International Expects to File for Bankruptcy
Mercer International expects to file for bankruptcy and says it plans to continue normal operations. The company cites support from a majority of its noteholders and shareholders.
By Josh BeckermanMercer International expects to file for bankruptcy and plans to continue normal operations."With the support of the majority of our noteholders and shareholders, we are putting in place a much stronger balance sheet and the liquidity to navigate current pulp and lumber market and…