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International Paper
U.S. Department of Justice Clears International Paper's Acquisition of Weyerhaeuser Containerboard Packaging & Recycling Business
May 25th, 2008
The U.S. Department of Justice has concluded its Hart-Scott-Rodino review of International Paper's (NYSE:IP) announced acquisition of Weyerhaeuser's containerboard packaging and recycling business. Regulatory reviews in several other countries are ongoing. Completion of the transaction is expected to occur in the third quarter of 2008. International Paper announced March 17 it had signed a definitive agreement with Weyerhaeuser to acquire its containerboard packaging and recycling business. Weyerhaeuser's containerboard packaging and recycling business includes nine linerboard mills, 72 box plants in the U.S. and four in Mexico, and more than 30 specialty packaging,...
Source: Pharma Investments, Ventures & Law Weekly (2008-05-25)
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