Monday, December 19, 2011

IP & Temple-Inland Extend Merger Deadline

International Paper, Temple-Inland extend date for merger:
International Paper Co.and Temple-Inland Inc.have agreed with the U.S. Justice Department to extend the review period for a merger between the two companies until Jan. 27.
The original date for the companies to finalize the merger was Dec. 31. Memphis-based International Paper also extended the internal transition deadline of the merger from June 6 to June 28.