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Temple-Inland, Inc. Investor Files Lawsuit Over Rejection Of Proposed Takeover

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Lawsuit Overview

An investor in Temple-Inland, Inc. (NYSE: TIN) filed a lawsuit against the board of directors of Temple-Inland, Inc. in connection with their rejection of the proposal by International Paper that it intended to acquire all of the outstanding shares of Temple-Inland (NYSE: TIN) for $30.60 per share. According to the complaint the plaintiff alleges that the members of the board of dire...



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