IPO is anticipated if Unisource, xpedx do a combination, IP says

摘要

If International Paper's (IP) xpedx and Bain Capital-Georgia Pacific's Unisource Worldwide combined, the new company formed would do an initial public offering (IPO), IP CFO Carol Roberts told analysts on May 2. Roberts said IP would spin off xpedx as a subsidiary and "would distribute shares of the xpedx subsidiary to our shareholders." IP's "xpedx would become a public company through an IPO and immediately merge with Unisource Worldwide," said Roberts, based on a Seeking Alpha transcript of IP's first quarter earnings call.