Lumber and paper giant Georgia-Pacific Corp. (G-P) agreed in November to sell to conglomerate Koch Industries in a $21 billion deal that includes a cash payout of $48 a share; also, Koch will assume about $8 billion of G-P debt. The sale will return publicly traded G-P to a privately held company, as it will become a wholly owned subsidiary of Koch. G-P will continue to do business under the Georgia-Pacific name and will operate out of its Atlanta offices as an independently managed company.

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