We advised on Weyerhaeuser’s $2.2 billion sale of its five Cellulose Fibers pulp mills and two converting facilities to International Paper. CRA advised both parties throughout a review by the Department of Justice (DOJ) and the European Commission (EC). Fluff pulp has several consumer applications such as diapers. CRA’s team included colleagues in the US and Europe.
Merger simulation in second-score auctions: A nested logit model
In a recent Economics Letters article, CRA’s Martino De Stefano and Serge Moresi show how to improve the second-score auction model that is often used to...