Clearwater Paper Corporation (NYSE:CLW) is looking for acquisitions. Arsen Kitch, President and Chief Executive Officer, said "M&A is something that's, it's difficult to plan for. We're obviously going to be open to it if it enhances and creates value and if it doesn't, then we won't. But it will be a combination of a few things that will likely include, deleveraging, returning capital, continue to invest in our assets and looking over the horizon for potential M&A opportunities".