EXHIBIT 99.4
Key Facts About the Koch Industries - Georgia-Pacific Transaction
• | Koch Industries Inc. has finalized a definitive agreement and plan of merger with Georgia-Pacific Corp. to purchase all of the corporation’s fully diluted shares of common stock. |
• | The purchase price is $48 per share in cash, which represents a 39 percent premium to the shares’ closing price on Nov. 11. |
• | The offer also represents a premium of 27 percent to the highest closing price of the Georgia-Pacific common stock during the past five years. |
• | This offer establishes an equity value of $13.21 billion and a total enterprise value, including debt, of $21 billion. |
• | Koch intends to commence an all-cash tender offer for any and all outstanding shares of Georgia-Pacific common stock on a fully diluted basis no later than Nov. 18, followed by a second step cash-out merger at the offer price. |
• | Koch Industries Inc.’s offer is subject to normal closing conditions, including relevant regulatory approvals. There is no financing contingency. |
• | Koch Industries Inc. has fully arranged for all financing to complete the transaction through Citigroup. |
• | The transaction would bring value and opportunities to employees, customers and communities served by Georgia-Pacific. (Half of Georgia-Pacific employees own GP stock outright or in retirement plans.) |
• | Georgia-Pacific would retain its name and Atlanta headquarters. |
###
1