Deal for U.S. fiberboard plants scrapped as DOJ warns of higher prices
October 01, 2014 at 13:10 PM EDT
WASHINGTON, Oct 1 (Reuters) - Flakeboard America Limited, a subsidiary of Chile's Celulosa Arauca y Constitucion , has decided to scrap a deal to buy three plants from fiberboard maker SierraPine, citing regulatory opposition, the companies said on Wednesday.