Building supply giant Georgia-Pacific to be acquired by Koch for $21 billion
When finalized, the deal stands to create the nation's biggest private company. It will also give Georgia-Pacific a greater level of vertical integration and a steady source of raw material.
The proposed acquisition comes less than two years after Koch acquired Invista, the nylon fibers business that makes Lycra and Stainmaster, from DuPont. In addition to building materials, Georgia-Pacific's consumer brands include Dixie paper cups and Quilted Northern bath tissue.