Verso Corporation is a North American producer of coated papers including coated groundwood, coated freesheet, supercalendered and specialty products. The company restructured in 2016 following Chapter 11 bankruptcy. Verso operates two paper mills in the U.S. The company was formed in August 2006 when Apollo Global Management purchased the coated and supercalendered paper business from International Paper. In April 2008, Verso conducted an initial public offering and was listed on the New York Stock Exchange. In January 2015, Verso completed its acquisition of NewPage Holdings.