Jay paper mill’s owner may soon have a new owner itself

The company that two years ago bought the former Verso paper mill in Jay after an investor revolt — and later oversaw the plant through more tumult including a series of layoffs — is itself being bought.

Pixelle Specialty Solutions Holding LLC, based in Pennsylvania, has agreed to sell to H.I.G. Capital, an alternative investment firm with offices worldwide and $48 billion in equity capital under management.

Full Story