Seeking Alpha

International Paper (IP +2.5%) is likely to proceed with its takeover bid for Temple-Inland (TIN...

International Paper (IP +2.5%) is likely to proceed with its takeover bid for Temple-Inland (TIN +4.3%), though it now has the opportunity to lower its bid after Temple was sued for more than $1B for "fraudulently looting" a former subsidiary, RBC Capital says. The firm maintains its Outperform rating on IP.
Comments (1)
  • Spencer Knight
    , contributor
    Comments (365) | Send Message
     
    TIN exec's are really hurting shareholders. This deal may not get done until Q2 2012.
    24 Aug 2011, 03:20 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|