Temple-Inland Rebuffs International Paper’s Acquisition Proposal
* An estimated $90 million of the annual cost savings from our box plant transformation II are still ahead of us—our stockholders, not the stockholders of International Paper, deserve to receive the benefit of the significant capital we have invested in this project.
• The potential acquisition will likely face prolonged and rigorous investigation by antitrust authorities and an uncertain outcome:
- Companies:
- International Paper
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