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Georgia-Pacific Corp. (Making Change).(plans corporate split and initial public offering)(Brief...

Publication: Converting
Date: Saturday, June 1 2002

Atlanta-based Georgia-Pacific Corp. says May 7 it will split in two and sell stock in a new company centered on packaging and consumer products. The move allows the company to concentrate on its consumer brands, such as Dixie cups, Brawny paper towels, Mardi Gras napkins and Quilted Northern tissue. The initial public stock offering, expected this summer, would help Georgia-Pacific pay down debts of more than $

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