International Paper (IP +0.3%) CEO John Faraci tells CNBC he expects the merger with...

|About: International Paper Co. (IP)|By:, SA News Editor

International Paper (IP +0.3%) CEO John Faraci tells CNBC he expects the merger with Temple-Inland to add even more cost savings than the company anticipated. He also notes the company is a beneficiary from the consumer shift to online shopping over brick-and-mortar.