APPLETON, WI (WTAQ) – An Appleton paper mill says it has agreed to sell to a group of lenders.
Appvion says the deal is worth $325-million dollars.
The company filed for Chapter 11 bankruptcy protection in October, announcing the following month that it would cut around 200 jobs.
That as part of its production moved to Pennsylvania. A judge will consider the agreement March 1.
Appvion has requested permission to hold an auction April 23.
