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Company Statement: Temple-Inland rejects unsolicited takeover proposal from International Paper

( June 6, 2011, 20:56 GMT | Official Statement) -- MLex Summary: Temple-Inland paper producer has announced its rejection of a bid from International Paper for 3.3 billion dollars stating the bid undervalues the company. The company also points out there would be significant antitrust scrutiny in this proposed deal between rivals. Company press release follows in full:...

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