Boise Inc. borrowed over $1 billion dollars from a variety of lending institutions to create their company. Since their initial stock offering of almost ten dollars per share, it is at 69 cents a share. The stock has plummeted like a rock in a shallow pool. The future of this company and with it the future of International Falls hangs in a precarious balance. The world economy has been shaken by the factors coming from America. What do the people of our area and others see in the future for 1) the future of paper businesses and 2) the future of Boise and its effect on our local economy?
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Stephan Stavseth
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