Content about International Paper

August 15, 2012

Anchor Peabody, a private investment and financial advisory firm specializing in the U.S. building products and construction industry, has added Harold Stanton and Paul Haefcke to its advisory board.

Stanton is the former CEO of Pope & Talbot. His 40-year career in the wood products industry includes various executive leadership positions with Louisiana Pacific, International Paper and APA – The Engineered Wood Association.

February 13, 2012

International Paper (IP) has announced the completed acquisition of Temple-Inland, which will now become a wholly owned subsidiary of IP. Under the terms of the transaction, each issued and outstanding share of Temple-Inland common stock will fetch $32.00 in cash, including the assumption of approximately $700 million in Temple-Inland net debt. The total transaction value is approximately $4.5 billion.

January 30, 2012

International Paper (IP) announced that it has extended the Department of Justice’s review period with respect to the company’s acquisition of Temple-Inland. The new deadline has been moved from Jan. 27 to Feb. 13.

In a prepared statement, IP chairman and CEO John Faraci said: "We have been working constructively with the DOJ to address its concerns and anticipate entering into a definitive agreement on terms that are acceptable to all parties."

September 6, 2011

International Paper’s attempt to take over Temple-Inland concluded today with an announcement that the two companies have entered into a merger agreement.

International Paper will acquire all of the outstanding common stock of Temple-Inland for $32 per share in cash, plus the assumption of $600 million in Temple-Inland’s year-end debt. The total transaction value is approximately $4.3 billion.

July 18, 2011

The takeover battle for Temple-Inland continues to escalate as the Austin, Texas, wood products supplier issued a statement today urging its stockholders to reject an unsolicited offer from International Paper (IP). Temple-Inland’s board of directors voted unanimously to reject the $30.60-per-share offer because it undervalues the company. The timing of the offer is also “extremely opportunistic,” the company said in its official recommendation. 

July 13, 2011

After being rebuffed by Temple-Inland’s board of directors, International Paper is making an unsolicited offer to acquire all the outstanding shares of common stock of the wood products company for $30.60, according to documents filed with the Securities ad Exchange Commission (SEC).

June 9, 2011

Temple-Inland, one of the industry’s largest producers of wood and paper products, announced June 6 that it has received an unsolicited offer from International Paper Co. (IP), another pulp and paper giant, to acquire the company for $30.60 per Temple-Inland share in cash.

September 29, 2010

Molpus purchased the tract from Rock Creek Capital, which in turn acquired the acreage from...

November 2, 2008

Net sales were $2.6 billion, down 37 percent from $4.1 billion in the third quarter last year....

August 6, 2008

Forest products giant Weyerhaeuser saw losses of $96 million in the second quarter, swinging from...

May 4, 2008

Declining prices and rising costs have hit the company, with prices for OSB and engineered...

March 16, 2008

The transaction includes nine containerboard mills, 72 packaging locations, 10 specialty-packaging plants, four kraft bag...

March 16, 2008

The transaction includes nine containerboard mills, 72 packaging locations, 10 specialty-packaging plants, four kraft bag...

February 19, 2008

The deal includes approximately 900,000 acres of forestland with facilities in Arkansas, Louisiana and Texas....

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