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Strategies & Market Trends : Mercer International (MERCS)

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To: Ricardo Bekin who wrote (148)	5/3/1999 10:04:00 AM
From: jad	Read Replies (1) of 196

Mercer Announces Extension of Negotiating Agreement ZURICH, Switzerland--(BUSINESS WIRE)--May 3, 1999--Mercer International Inc. (Nasdaq:MERCS - news; Easdaq:MERC GR) announced today that, further to the Company's news release of February 19, 1999, it has extended to mid-May, 1999 its exclusive negotiating agreement with Metsae-Serla, a Finnish pulp and paper group that has expressed interest in acquiring the Company's pulp mill in Blankenstein, Germany, in order to allow Metsae-Serla to complete its due diligence work on the facility.

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