Tag : John Faraci

International Paper announces two agreements to sell three U.S. containerboard mills

Manik Seth
June 2, 2012 International Paper announced that it has reached two agreements to sell three U.S containerboard mills in order to satisfy the company’s obligations in its February 2012 settlement agreement with the U.S. Department of Justice. Under the terms of the DOJ settlement agreement, entered into in connection with......

International Paper Completes Acquisition of Temple-Inland

Manik Seth
International Paper Company announced that it has completed its acquisition of Temple-Inland Inc. through the merger of its wholly owned subsidiary Metal Acquisition Inc. with and into Temple-Inland. Temple-Inland is now a wholly owned subsidiary of International Paper. Including the assumption of approximately $700 million in Temple-Inland net debt, the......