By: Benzinga
December 13, 2012 at 09:17 AM EST
International Paper Reaches Agreement to Sell Temple-Inland Building Products Division for $750M
International Paper (NYSE: IP ) today announced that it has reached an agreement to sell its Temple-Inland Building Products division to Georgia-Pacific LLC for $750 million in cash, subject to certain pre-and post-closing adjustments. The assets to be sold include 16 manufacturing facilities - five solid wood mills, four
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