Mega-merger for Abitibi-Consolidated and Bowater paper companies

Pending shareholder votes at both companies on July 26, one of Canada's largest paper companies, Abitibi-Consolidated Inc. will be merged with U.S.-controlled Bowater Incorporated. The proposed merger can be voted on as the result of an interim order of the Quebec Superior Court. Abitibi-Consolidated shareholders will vote in Montreal; Bowater stockholders in Atlanta Georgia. (Bowater Canada Inc.