International Paper offloads three containerboard mills under DOJ agreement
date:Jun 05, 2012
The firm had to sell the sites under a 950,000 tondivestiture agreement related to competition concerns after the $4.3bn (3bn) takeover of Temple-Inland, which was completed in February.

The DOJ said in February that by combining the containerboard capacity of the merger would significantly expand the volume of containerboard over which International Paper would benefit from a price increase, and likely would have led International Paper to strategically reduce its output of containerboard in o
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