The analysts said the sale of the units could bring Fort Howard at least $1 billion.

Fort Howard has already accepted a $3.57 billion buyout bid from a group that includes the company's senior management.

That statement and the rise in the price of Fort Howard's stock yesterday led some analysts to question whether a higher bid might emerge.

Last year, Fort Howard reported earnings of $157.7 million on revenues of $1.76 billion.

Fort Howard's stock jumped $8.125 a share yesterday, closing at $48.375.

"A properly structured deal that is a new name, like Fort Howard, can get done," one dealer said.

Fort Howard will sell its cup operations.

Fort Howard was also built in 1816 in Green Bay.

As the helicopter swung along the edge of the lava field, what had once been Fort Howard came into view.

In truth, what had once been Fort Howard now lay three stories beneath the earth.