Money may not grow on trees, but a wood and cotton fiber company is apparently worth a lot of green an estimated $1.5 billion.
Buckeye Technologies Inc., a cotton and wood-based materials manufacturer and distributor, announced Wednesday its acquisition by Georgia-Pacific LLC, a paper and pulp company. For the deal, Buckeye was represented by a team of Dechert attorneys, many of them Washington-based. A press release did not identify legal counsel for Georgia-Pacific. A company spokeswoman declined to identify any outside firms it uses.
