Int'l Paper in Bidding War for Champion

"Champion will be an important addition to our Printing and Communications Papers business, particularly in the coated papers and uncoated freesheet segments, and will enhance our timber and building materials businesses. There is no question in my mind that we will be a stronger company. We have long said that our strategy is to serve the global marketplace from platforms around the world . . . Champion also fits well with this strategy, since it will greatly expand our Latin American base, and make us a party to distribution agreements with Asian and European producers."