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Survival in the North American publication-papers business requires that something get wiped out.

In the case of Verso, what got wiped out last week was $2.4 billion in debt, as North America's largest maker of magazine-quality paper emerged from bankruptcy protection:

But a competitor has managed to survive without undergoing "financial restructuring" by helping its competitors get wiped out: http://bit.ly/2a7AowD
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