ATLANTA, March 16, 2017 /PRNewswire/ -- Veritiv
Corporation (NYSE: VRTV) today announced an underwritten public
offering of 1,800,000 shares of its common stock by UWW Holdings,
LLC, one of its existing stockholders and the former parent company
of Unisource Worldwide, Inc., subject to market conditions and
other factors. Morgan Stanley & Co. LLC is acting as the
underwriter of the offering. The Company is not selling any
shares of common stock in the offering, and the Company will not
receive any proceeds from the offering by the selling
stockholder.
A registration statement (including prospectus) relating to
these securities was filed with and declared effective by the
Securities and Exchange Commission (the "SEC"). Information about
the offering is available in the preliminary prospectus supplement
filed by the Company with the SEC today. Copies of the preliminary
prospectus supplement and the accompanying prospectus relating to
the offering may be obtained by contacting Morgan Stanley & Co.
LLC, Attention: Prospectus Department, 180 Varick Street, 2nd
Floor, New York, New York
10014.
The offering of these securities is being made solely by means
of a prospectus supplement and the accompanying prospectus.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of any
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Veritiv
Veritiv Corporation (NYSE: VRTV),
headquartered in Atlanta and a
Fortune 500® Company, is a leading North American
business-to-business distributor of print, publishing, packaging,
and facility solutions; and also a provider of logistics and supply
chain management services. Serving customers in a wide range
of industries, the Company has approximately 170 distribution
centers throughout the U.S., Mexico and Canada, and employs approximately 8,700 team
members worldwide that help shape the success of its customers.
Safe Harbor Provision
Certain statements
contained in this press release regarding the proposed offering are
"forward-looking statements" subject to the safe harbor created by
the Private Securities Litigation Reform Act of 1995. Where
possible, the words "believe," "expect," "anticipate," "intend,"
"should," "will," "would," "planned," "estimated," "potential,"
"goal," "outlook," "may," "predicts," "could," or the negative of
such terms, or other comparable expressions, as they relate to the
Company or its business, have been used to identify such
forward-looking statements. All forward-looking statements reflect
only the Company's current beliefs and assumptions with respect to
future operating results, performance, business plans, prospects,
guidance and other matters, and are based on information currently
available to the Company. Accordingly, the statements are subject
to significant risks, uncertainties and contingencies, which could
cause the Company's actual operating results, performance, business
plans, prospects or guidance to differ materially from those
expressed in, or implied by, these statements. Factors that could
cause actual results to differ materially from current expectations
include risks and other factors described under "Risk Factors" in
the Company's Annual Report on Form 10-K and elsewhere in the
Company's publicly available reports filed with the SEC, which
contain a discussion of various factors that may affect the
Company's business or financial results. The Company is not
responsible for updating the information contained in this press
release beyond the published date, or for changes made to this
document by wire services or Internet service providers.
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SOURCE Veritiv Corporation