The deal includes a $400 million assumption of debt, and has been accepted over the $1.5 billion (including debt assumption) offer from UGI, which was made in March. Georgia Pacific will pay cash in a tender offer for all outstanding Unisource shares.
Partner Laurence Bambino, from Shearman & Sterling's New York office, is advising on tax aspects for Georgia Pacific.
Davis Polk & Wardwell is advising Unisource. The tax partner involved is Kathleen Ferrell.
