This is the story of the boy who cried wolf.
Well, really, hes a spoiled brat.
And, because hes in good company, hes getting away with murder.
At issue is a New York-based hedge fund, One Rock Capital Partners, which in 2016 acquired a paper mill in the state of Washington, North Pacific Paper Co.
And no, its not a logical match, but hedge funds these days are making so much money theyll invest in anything.
In short order One Rock discovers the Canadians have a corner on the newsprint market for one reason in particular. They have more trees.