On January 27, 2020, Verso Corporation announced that an independent proxy advisory firm, Egan-Jones Proxy Services, has recommended that the Company stockholders vote for all of the Company's director nominees and vote using the Company’s proxy card. The Company added that Egan-Jones has joined Glass, Lewis & Co. and Institutional Shareholder Services in recommending that the Company stockholders vote for the Company's pending sale of its Androscoggin and Stevens Point mills to Pixelle Specialty Solutions LLC at the Company's stockholder meeting scheduled to be held on January 31, 2020.