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According to the IRS, the spin-off was ruled to be a tax-free distribution of stock as Potlatch issued 1 share of Clearwater Paper stock for every 3. 5 shares of Potlatch stock, with fractional shares paid in cash. [5] Clearwater Paper stock began trading on December 17. Gordon L. Jones, who had been a vice president of Potlatch since July 2008, was chosen as the president and chief executive officer of Clearwater Paper. At the end of the spin off, two stand-alone entities remained, both publicly traded: Potlatch Corporation ( NYSE:PCH) and Clearwater Paper Corporation (NYSE:CLW). Environmental Policies [ edit] Clearwater Paper also markets a number of Forest Stewardship Council (FSC) products, [5] including the brand Ancora, a high-end, coated, double-side bleached white paperboard. Of the three similar products manufactured in a full variety of sizes in the United States, it is the only one that has on-label FSC certification. Another of Clearwater Paper's brands is Candesce, which is sold for use in premium lines of C1S folding carton as well as paperboard for commercial printing, carded packaging and liquid packaging board.
Bank of India Officer Recruitment 2020 Bank of India Officer Recruitment 2020 is open (Advt. No. : 2020-21/2) and inviting application for the posts of 214 Officers in various streams upto Scale IV Vacancy 2020 from Graduate, Post Graduate pass candidates interested in sarkari result Bank of India Officer Recruitment Online application can apply online before 30 September 2020.