Georgia Pacific will buy the building-products division of International Paper's Temple-Inland as IP pursues the packaging business. More
International Paper Co. (IP) completed its acquisition of Temple-Inland after receiving clearance from the federal Justice Department. As part of the clearance agreement, IP promised to divest two Temple-Inland facilities and one of its own plants. IP will also pay $32 per share of Temple-Inland stock and take on approximately $700 million of the company's debt. More
International Paper Co. won the federal Justice Department's clearance to acquire Temple-Inland Inc. after promising to divest two Temple-Inland faciities and an IP plant. More
Temple-Inland's net income plummeted 95% during the third quarter, compared with the same period last year, to $6 million, despite a 1% rise in net sales to $974 million, the corrugated packaging and building material manufacturer reported. More
International Paper Co. concluded four months of wooing when it announced it will acquire Temple-Inland Inc. for $32 per share plus assumption of Temple-Inland's $600 million debt--a deal valued at roughly $4.3 billion. More
International Paper Co. commenced a fully financed tender offer to acquire all outstanding Temple-Inland shares as part of a $3.3 billion takeover attempt of the corrugated packaging and building material manufacturer. More
Temple-Inland increased its overall operating income by almost 150% during the first quarter, despite a $6 million operating loss in the company's building products segment the company announced. The company was carried by a $98 million operating income in its corrugated packaging segment. More
Temple-Inland's building products segment posted a $15 million operating loss during the fourth quarter of 2010, the company announced. The loss is an improvement from the $18 million operating loss the segment posted during the same period last year. More
Earnings reports for second quarter of this year showed robust gains in sales and profits at North America's lumber producers, typically because of the runup in OSB prices and the brief rise in U.S. housing starts. More
Powered by a 32% jump in revenues to $190 million, Temple-Inland Inc.'s building products segment swung to a $15 million operating profit in the second quarter from a year-earlier $3 million loss, More