International Paper offloads three containerboard mills under DOJ agreement
date:Jun 05, 2012
will be used to pay down debt.

We are pleased to have reached these agreements within the timeline established in our settlement with the DOJ.

We are the established leading global supplierin paper and packaging and we like the portfolio that we currently have.

The DOJ added that the merger would have substantially lessened competition in the production and sale of containerboardin the United States.

The merger, as originally proposed, would have produced a single firm in control of approxi
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