...marketing agreement and owns nine stations in the Augusta area. Finnish company drops plant bid Finnish paper maker UPM-Kymmene Corp.'s board of directors decided not to make a new offer for Champion International. The Helsinki-based company...

...based on Monday's closing price. The Helsinki-based company responded to the offer with a short statement: "UPM-Kymmene Corp. will consider the situation." International Paper also announced plans to sell more than $3 billion in assets...

...Wednesday that International Paper's $7.3 billion bid is "superior" to a competing one from Finnish paper-maker UPM-Kymmene Corp. UPM-Kymmene, however, has until 5 p.m. Friday to make a final counterproposal. International Paper, which...