Georgia-Pacific, has accepted a $48 per share offer from Koch Industries to take the paper products manufacturer independent.

CEO Pete Correll has commented previously on the pressures of quarterly reporting for the company.

As part of a private company, Georgia-Pacific will no longer be subject to Wall Street analysts. Nor will it have to concern itself with the heavy regulatory burden facing U.S. public companies. SEC filings and the Sarbanes-Oxley Act are a thing of the past.

The deal is part of a developing trend of "de-equitisation". Companies are increasing being bought by private equity companies.

The company's balance sheet has been strengthened in recent years with the reduction in reliance on bulk commodity products.

Higher margin items such as restaurant napkins and tissues has meant higher margins.

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