An investor filed suit in Delaware in an attempt to force Temple-Inland, which makes cardboard shipping boxes, to consider a $3.31 billion takeover offer by International Paper Co. International Paper, the world’s largest pulp and paper maker, took its buyout offer directly to shareholders on July 12. Temple-Inland later said the $30.60-a-share cash bid “grossly undervalues’’ the Texas-based company.
© Copyright 2011 Globe Newspaper Company.
